I agree with your factual statements, but my immediate reaction to “coding is the new Latin” is “does this person mean that coding is a skill which is fairly us

I agree with your factual statements, but my immediate reaction to “coding is the new Latin” is “does this person mean that coding is a skill which is fairly useless for its own sake, but signals to other people that you have mastered a complicated formal system and therefore deserve admission to the club of the elite?”