Though my model is quantitatively silly, it does get at the heart of something all too real:
If you see the OP and think it means software development is on the cusp of being automatable because devs only spend ≤1/8 of their time actually typing code, you’d damn well better understand how they spend the other ≥7/8 of their time — and how your executive decisions, necessarily made from a position of ignorance* if you are an executive, impact that 7/8.
/end (with footnote)