I agree. However, for me, I'm finding that I'm drastically leveling up what I'm doing in my day to day. I'm a former founder and former Head of Engineering, back in an IC role.
The coding is now assumed "good enough" for me, but the problem definition and context that goes into that code aren't. I'm now able to spend more time on the upstream components of my work (where real, actual, hard thinking happens) while letting the AI figure out the little details.