This is precisely it. If anything, AI gives me more freedom to think about more novel ideas, both on the implementation and the final design level, because I'm not stuck looking up APIs and dealing with already solved problems.
Like any tool it can be put to productive use or it can be used to crank out absolute garbage.
It's kind of freeing to put a software project together and not have to sweat the boilerplate and rote algorithm work. Boring things that used to dissuade me. Now, I no longer have that voice in my head saying things like: "Ugh, I'm going to have to write yet another ring buffer, for the 14th time in my career."