I am a professional developer for 15 years, and I use it too. It's very convenient, it increases productivity, I don't write my code anymore. But, the current models are still pretty stupid. They are bad at architecting large codebases, their context windows are too small. The car wash test is pretty good at showcasing this (might stop working soon as these companies include fail-safes for popular prompts)
Also unless you have $100K+ worth of GPUs, you cannot run the best models locally, which means inference has to run in the 'cloud' aka billionaires datacenters, and your code gets sent there, bringing major security and privacy concerns.
Those who are hyping AI despite the current over-valuation are just the bag holders, most likely those who invested in these expensive datacenters. They just want to get you in on the upcoming IPOs of Anthropic/SpaceX so that they can dump on you to get richer.
Maybe I'm wrong, but if I'm wrong, that's the least of our problems. The technological singularity will not be a good thing for organic life forms. If developers lose their jobs, so will everyone else. Then it will be the freedom, and maybe life itself.