It will reduce menial jobs that any any programmers can do and that was generally a waste of their time to code manually.

> worldwide cost companies billions of dollars in programmers salaries, much more efficiently.

It reduces cost-to-market, so enterprises can have more money remaining to re-invest into other projects.

>can’t remove the human being out of the loop

Right, i don't see AI still for a long time in very niche applications such as writing scripts for Skyrim mods