This is an argument that circulates a lot, but there are more bottlenecks than programming in businesses etc, so it does not mean that demand for this resource can increase necessarily to a degree of covering out the productivity increase. For now, I don't think we see companies in general hiring more in order to increase their productivity, if anything we see more and more layoffs and restructures on AI grounds. This could change once it becomes more clear how AI will exactly be used and what the brave new world will look like, but for the medium term future it makes more sense to be concerned than hopeful.