Even if we just look at public markets: manufacturers and hyperscalers stocks are through the roof, while they finance private model providers that are ever pushing their IPO into the future.

Doesn't look very much like growing prosperity as much as vacuuming value into the core of the corporate world system.

I don't agree that people do see that, and if they do, it's hardly an overwhelming trend.

I see my org delivering twice as many features and implementing way more tools that actually solve problems.

The issue is that doesn’t necessarily mean that customers will pay more, as most of the features of software are not actually core.

Would that really count as a 'massive benefit' then?

For the customers? Yes. For engineers building tools that increase their quality of life? For sure. For removing legacy cruft? Absolutely.