This aligns with my experience, largely. Of course it's still my job to maximize LLM effectiveness within my organization. Which is a delicate balancing act to protect my teams from overeager executive leadership looking for huge gains.
My own summary is that AI can be an accelerator, but the harder you lean into it, the worse outcomes will be. No matter how much code is written, you still need actual human minds to understand it and they can only handle so much volume before getting overwhelmed.
Also, if AI gives you 20% productivity gains, but that 20% goes into playing with AI trying to get more, you haven't really gained anything. Usage needs to be standardized rather than developers constantly negotiating with AI trying to coax out better outcomes.