He is right. AI can indeed push productivity by several orders of magnitude.
There are many cases of remote work software engineers taking several full time jobs thanks to writing everything through copilot and making several hundred-thousands a year as a result.
Eventually this free-meal will end, the market will simply normalize to expect coders to have this kind of productivity and software will be made much faster.
It doesn't matter that EA is simply saying what everyone in soft dev has known for over a year.
Same will go with visual artists who use multimodal AI, or even sound artists.