If I had a quid for every time during my 20+years of IT experience I've heard that code-generation, low-code, no-code was about to breakthrough, I'd have a private jet on 24-hour standby.
This bit made to laugh:
"“For instance, machine learning features for helping coding are available. One example is Microsoft’s Intellicode,” Kandaswamy told VentureBeat. “While such tools are in their infancy,"
Intellicode has been around for over a decade in Visual Studio!