Code quality aside (n.b. there exist many bad quality codebases before AI), a risk I perceive as an industry is we are making the logic of our businesses dependent on a few big players.

Given the output speed, it's practically impossible for developers to keep up, which directly impacts maintenance: the knowledge that would previously reside in-house, now is becoming dependent on having codebases pre-processed by LLMs.

I hope in the near future local LLMs will gain traction and provide an alternative, otherwise we are in the risky path where businesses are over-reliant on a few big companies.