My take is that it’s somewhat of a gimmick and will continue to be for a very long time.

It can write functions which do the thing you want a lot of the time, yes. But for the entire codebase it’s very important to write it in a maintainable way. E.g. It’s super important to name variables things which the developers understand, and that requires a very solid understanding of the specific domain or business the dev is working in, as well as understanding the way the dev’s mind works too. AIs don’t know anything about that and aren’t psychic.

There are numerous other psychological aspects of coding like this which differentiate a good developer from bad ones. Even when AIs write entire programs, the human dev is going to be the one maintaining it and getting pages at 2am when something goes wrong. I don’t think anyone will trust that much in an AI for a very, very long time.