This is Idiocracy in the making.
Maybe the time value of time is only increasing as we go.
The answer to should we just sit around and wait for better technology is obviously no. We gain a lot of knowledge by building with what we have; builders now inform where technology improves. (The front page has an article about Voyager being a light day away...)
I think the more interesting question is what would happen if we induced some kind of 2% "technological inflation" - every year it gets harder to make anything. Would that push more orgs to build more things? Everyone pours everything they have into making products now because their resources will go less far next year.
1. Get students to work on a more complex than usual project (in relation to their previous peers). Let them use whatever they want and let them know that AI is fine.
2. Make them come in for a physical exam where they have questions about they why of decisions they had to take during the project.
And that's it? I believe that if you can a) produce a fully working project meeting all functional requirements, and b) argue about its design with expertise, you pass. Do it with AI or not.
Are we interested in supporting people who can design something and create it or just have students who must follow the whims of professors who are unhappy that their studies looked different?
A spreadsheet gives you a DB, a quickly and easily customized UI, and iterative / easy-to-debug data processing all in a package that everyone in the working world already understands. AND with a freedom that allows the creator to do it however they want. AND it's fairly portable.
You can build incredible things in spreadsheets. I remain convinced that it's the most creative and powerful piece of software we have available, especially so for people who can't code.
With that power and freedom comes downsides, sure; and we can debate the merits of it being online, or whether this or that vendor is preferable; but my deep appreciation for spreadsheets remains undiminished by these mere trifles.
It's the best authoring tool we've ever devised.
EDIT TO ADD: the only other thing that seems to 'rhyme' with spreadsheets in the same way is: HyperCard. Flexible workbench that let you stitch together applications, data, UX, etc. RIP HyperCard, may you be never forgotten.
I spun up a local Grist instance in my org, using SAML with our org's email authentication. It's intuitive enough that I've replaced a few shared spreadsheets with it (now with rowwise permissions) and powerful enough that I've also replaced a few internal CRUD apps.
There are too many unknowns to deal with to actually make use of it, and managing the unknowns is a whole other aspect of management outside scrum. This is why most scrums essentially devolve into ad hoc work per sprint with very loose planning.