Not only it has the potential to increase productivity: it has the potential to lower the overall quality of software (by making it more accessible to people who don't really understand how to write good code).
I believe that we can already observe that modern tools/languages have made programming a lot more accessible, and that the average quality of software has decreased dramatically (not that all software is bad: just that this new accessibility brought a lot more bad software than good software).
Your example is interesting: it says "it's good because people will be able to produce more", not "developers will have more time to focus on fixing bugs and optimizing their code".
I believe that we can already observe that modern tools/languages have made programming a lot more accessible, and that the average quality of software has decreased dramatically (not that all software is bad: just that this new accessibility brought a lot more bad software than good software).
Your example is interesting: it says "it's good because people will be able to produce more", not "developers will have more time to focus on fixing bugs and optimizing their code".