Sure, we can throw code over the wall faster. Is that all that matters though? Just like in poetry, prose, images, etc, AI generates average or worse code. Sure, it may do the job and if your goal is to be average, fine, you should be worried. But has anyone with deep knowledge in programming and a desire to excel actually looked at AI-generated code and thought "omg, this is a work of art. it's so perfect and maintenance will be much easier than anything I could have done! plus, it matches all the requirements from the stakeholders"?

Don't get me wrong, it lets me be more productive sometimes but people that think the days of humans programming computers are numbered have a very rosy (and naive) view of the software engineering world, in my opinion.