

Probably not going to go belly-up, in a while
Don’t be so sure about that, the numbers look incredibly bad for them in terms of money burned per actual revenue, never mind profit. They can’t even pay for the inference alone (never mind training, staff, rent,…) from the subscriptions.
It is really not a big change to the way we work unless you work in a language that has very low expressiveness like Java or Go and we have been able to generate the boilerplate in those automatically for decades.
The main problem is that it is really not at all useful or produces genuinely beneficial results and yet everyone keeps telling us they do but can not point to a single GitHub PR or similar source as an example for a good piece of code created by AI without heavy manual post-processing. It also completely ignores that reading and fixing other people’s (or worse, AI’s) code is orders of magnitude harder than writing the same code yourself.