There's no definitive way to tell if some code is written by AI or not; thus their statement doesn't have to be true. Usage of AI itself is nebulous, it could mean anything from OpenClaw-style automated agents to someone prompting an LLM via chat to an engineer manually writing code after wasting hours trying to get an agent to do it (that still counts as "usage", even if not ultimately productive).
The market currently rewards claims of usage of AI, so everyone is claiming to be using AI. There is no way to prove one way or another, and the narrative will be changed down the line once the market swings.
When it comes to productivity claims, I have yet to see it. If AI is truly providing significant, sustained productivity improvements across the software development lifecycle I'd expect products to be better, cheaper, or get developed faster (all of which happened with other industrial breakthroughs). I do not see that in software at large and especially not in Spotify's case.
Existing large market products and services most likely will not bring down the price of their goods and services even if AI reduces the cost to produce.
There is a saying in sales, "Money left on the table". People are already willing to pay current market value prices so they will keep doing so. Why decrease your profits when people are already willing to pay? Keeping the same pricing would maximize profits and stock, a bonus.
New companies that start producing alternative solutions would most likely be the ones to utilize the reduction in cost for producing with AI. It would be their way to get a foot in the door and start building market.
Organizations that focus on providing a good or services to the vulnerable would be an exception. Some companies that market on cost would be in that mix too.
Fair, but in this case you'd still expect LLMs to be a massive boon to startups wanting to compete with the established players?
I'm not seeing any of that happening either, which I'd expect if the AI productivity claims were true and anyone could just vibe-code an entire sustainable business.
The market currently rewards claims of usage of AI, so everyone is claiming to be using AI. There is no way to prove one way or another, and the narrative will be changed down the line once the market swings.
When it comes to productivity claims, I have yet to see it. If AI is truly providing significant, sustained productivity improvements across the software development lifecycle I'd expect products to be better, cheaper, or get developed faster (all of which happened with other industrial breakthroughs). I do not see that in software at large and especially not in Spotify's case.