You're correct on the training - but how many things in engineering are re-hashing the same crud over and over?

I can even see it helping with core innovations. No - it won't write a realtime, infrastructure intense system (eg: Kafka) - but it could write all the non-innovative code around it, for example.

As someone who doesn't program/code at all, I don't care how it arrives at the result. It's just amazing to me that if I need a simple script or program, I can have an AI write usable code that I can use.

Yes, this will just further the unhealthy management attitude that programmers are fungible and "why can't you make X do Y, even my phone can do that".