I was astounded by how well it remembers context and understands complexity. This is a big leap, make no mistake about it. It will be interesting when these kinds of tools get interfaced with AWS and learn how to test and deploy what it's written.
My feeling is that this will be like the industrialisation of farming. First it will replace the easy and menial jobs. Eventually it will replace just about everyone except for the high level directors and product designers.
If we were smart we would stop progressing these kinds of technologies before they remove meaning from our lives. But we're not, and it will.