Developer here, 30 years xp, personally I use it all the time, amazing.
Last year I might have agreed that you wouldn't want AI to create an entire app but that is eons ago with the pace it is moving. Even so I do get it to do incremental additions so I can scan each iteration and correct any outcomes which diverge from intention, which more often than not now is my lack of or errant instruction.
I work 5 to 10x the pace of non AI assisted me. I was of the opinion that it couldn't reason but I'm starting to wonder, I've listened to a few AI founders who expressed they were surprised at it's abilities.
We are in both fascinating and scary times, as Aussies IMO we are going to have to fund a fed govt AI program to keep our $ in our community. I don't see Anthropic paying my bills anytime soon...
For reference as to the current level of AI I give you this podcast of a dev (male voice) talking to an AI (female voice) about creating an exploit for IOS.
It is very technical so I don't suggest anyone else will want to listen to the 60 minutes but you could just skip to a few parts to get a feel for the level of structured thought AI has now.
Note: near the end the dev tries to cajole the AI into creating the exploit (saying it is for old systems) but it refuses, it would have cost between $5 and $15 to make and I'd guess it would have taken a team and some luck to have found the exploit manually.
So, are state rogue actors or criminals going to come after your bank balance? I'd guess yes.
risky.biz/RBFEATURES10/Oh, finally I will say I've made my own turing test, has the other party got an IQ 100 more than me? Ah, it's AI !