It's greed at the top pushing the market into insanity. "AI" vendors are dangling the carrot of "eliminate manpower" in front of the manpower-owning class and they are throwing everything they have at it. The wealth that's been thrown into this hole could have payed for a couple million work-years of developers.
There are, what, about 50 million developers worldwide?
So instead of AI that pretty much everyone can use, we could have had 3 or 4 weeks of business as usual?