The idea of machine generated coding very much reminds me of 4th generations languages being touted as the answer to everything back in the late 80s/early 90s. They work for simple tasks that don't require extensive customization for a business but the idea of bypassing a trained coder didn't always work well.

AI has a good deal of potential and is a fascinating endeavor but even with recent advancement there seems to be a long way to go that its influencers don't easily admit. As to AI replicating
human intelligence, two good reads on the subject are The Emperor's New Mind & Shadow of The Mind, both by Roger Penrose. Penrose argues that we are very far from achieving an AI that
comes close to the complexity of the human mind. With that said, AI could be a very good tool now and in the future but there could be a good deal of catastrophe that comes along with it.