Earlier quoted context omitted.
Cheaper than hiring another developer, probably. My experience: for a few dollars I was able to extensively refactor a Python codebase in half a day. This otherwise would have taken multiple days of very tedious work.
And that's what the C-suite wants to know. Prepare yourself to be replaced in the not so distant future. Hope you have a good "nest" to support yourself when you're inevitably fired.
You think any manager in their right mind would take risks like that?
I think the real consequences are that they probably are so pleased with how productive the team is becoming that they will not hire new people or fire the ones who aren't keeping up with the times.
It's like saying "wow, our factory just produced 50% more cars this year, time to shut down half the factory to reduce costs!"