The video does actually answer its own title, which is refreshing.
And I agree, it’s because organizations and people haven’t changed (yet, if you’re being positive) what it is they’re optimizing for and how they do work. AI gives you more of what you want and gives it faster, that doesn’t on its own change the culture or goals of a company.
A thousand times this. A lot of people are discovering that coding was never the bottleneck in their orgs and don't know what to do differently.