In the short term it really helps productivity, but in the end the reward for working faster is more work. Just doing the hard parts all day is going to burn developers out.
I program for a living and I think of it more as doing the interesting tasks all day, rather than the mundane and repetitive. Chat GPT and GitHub Copilot are great for getting something roughly right that you can tweak to work the way you want.
I think we must change the way we see AI. A lot of people see it as the holy grail of everything that can do everything we can do, even tho it can't. AI is a tool for humans to become more efficient in their work. It can do easy tasks for you and sometimes Assist you with harder stuff. It is the same as with Mathematicians and calculators. A good mathematician is able to calculate everytheverything he needs without a calculator, but the calculator makes him much more efficient at calculating stuff. The calculator didn't replace mathematicians, because you still have to know how to do the stiff you're doing.