AI can handle boilerplate and any coding project that has been done ad nauseam. AI can’t handle legacy system quirks, creative problem solving, or massive projects with changing requirements. I don’t think the AI bubble will be around long enough for them to solve these shortcomings or the issues of expanding scope and scale leading to hallucinations.
To me AI is just impressive enough to convince managers and inexperienced developers it is the future. I’ll believe that when a Fortune 500 company rebuilds their whole entire tech stack via AI, and I think AI could solve climate change before it could do that haha.