I suspect the current crop of AIs will find very specific functions and hit a hard stop. They will change how we function but we won't be seeing a singularity type of revolution anytime soon. IBM's Watson is a good example of a system with a lot of possibilities but not finding a use. I think most of AI will fall in that realm. We have to get over the idea that it's smart. It's not.
An AI winter is coming so the improvements will come to a stop and we will find its limits. We are no where near general AI.
It's impressive that it can parse the question and write a relevant answer but it's not a robotic SWE.
For now, it's a good tool for cheating on tests.