I agree with you, but I'd say that writing code hasn't been the bottleneck in a lot of industries for quite some time.

Even in the 90s, the internet and the web dramatically lowered the costs of distribution, and YC itself was built on top of that (ViaWeb).

Then there has been so many frameworks, libraries, tools, services and APIs to pick and choose from that most of the coding work has been about organization, selling an idea and doing a lot of testing. Which are still unsolved problems.

The only new idea here is the idea that Software Developers are disposable.

This was brought by the same people who did RTO and layoffs post-covid, but now with support of non-tech workers who want a piece of that (supposedly) sweet money.