This is my thought as well. I get the "make productive engineers even more productive" angle, but productive engineers' bottleneck isn't coding. Sure, coding up a boilerplate Go web server is tedious, but I have done it so many times that it takes me two seconds now.

On the flip side, coding can be the bottleneck for the worst kind of coder. When I first started coding, coding was hard simply because I had very little reps and was just learning to understand how to code common solutions, data structures, libraries, etc. Fast forward a few years and, if I were still struggling to understand these concepts, Copilot is a lifeline.