It's clearly a textbook example of survivorship bias.
In the 90s the same argument was directed at this new thing called the internet, and those who placed a bet on it being a fad ended up being forgotten by history.
It's rather obvious that this AI thing is a transformative event in world history, perhaps more critical than the advent of the internet. Take a look at traffic to established sites such as Stack Overflow to get a glimpse of the radical impact. Even in social media we started to see the dead internet theory put to practice in real time.
And coding is the lowest of low hanging fruits.
