it can barely get single functions correct but we're supposed to believe it can write entire systems from a single prompt? Either way our job at the moment is writing instructions for another piece of software (compiler) to turn into the code. This just adds another level of abstraction. High level programming languages already let us do more with fewer staff. It didn't make coders redundant, it let to even more software.

edit: forgot to add, agree with your edit, that or just trying to inflate their stock prices.