It's because their positions are often like that "rest of the owl" drawing meme, only it makes sense to them because other people do the filling in of the details and solving the problems. So when an AI can produce the early part of that drawing and confidently promises that it can fill in the rest of the owl, they see it as the same as what their teams were doing prior and unironically believe that them saying "ok, go do that" is the important part, so an LLM should be as competent as a team of engineers.

It takes an engineer who knows the material well enough to see that LLM accuracy is incredibly low, even when it seems to be making sense.

The American business model is obsessed with cutting costs to raise profits. Increasing market share and developing new streams of revenue all have an investment cost and take time. Cutting labour has no immediate cost and it makes line go up for the next quarter, and that's what their compensation packages are dependent on.

That's why the idea of AI is so attractive to pretty much every CEO, it's the business hack to reduce labour cost that they've been looking for since we outlawed slavery.

Just look at the workers rights movement. Capitalists can, and will crush you like an plump ant under their boot. It's only regulation that gives them a moment's pause.

No company ever has your best interest at heart.

It's scary, but also very unsurprising. Companies haven't seen their workers as actual human beings for many years. That's the bigger problem that is behind all of this.

they are hoping to make money, before someone else holds the bag, its not thier problem if they can kick the can down the road for someone else to deal with.

Yes nothing has changed.