I was in planning recently when someone asked, "How many points can we commit to next sprint?" For years, that question was normal. Useful, even. It gave us a shared language for forecasting effort and balancing load. This time it landed differently. We had engineers delivering implementation work faster than ever with AI support, but our most important initiatives were still bottlenecked. Not by coding capacity. By unresolved decisions about scope, ownership boundaries, quality bars, and integration contracts. That is when it became clear to me: if execution is getting cheaper, story points are becoming less informative about delivery risk. I do not think points are useless. I do think they are no longer the primary signal leaders should optimize. The Bottleneck Has Moved In a traditional model, writing and refining code consumed most of the schedule. Estimating production effort gave leaders a reasonable proxy for planning confidence. AI changes that equation. Now teams can...