There's a lot of headroom for sophistication as a few more research insights are made and an experienced tooling team commits a few years to making rich multimodal/ensemble code assistants that can perform smart analyses, transformations, boilerplating, etc on your project instead of just adding some text to your file.
But it'll take a years of insight and labor to build that system up, adapt it to different industries/uses, and prove it out as engineering-ready.
People get caught up in the novelty of Copilot and ChatGPT and then imagine that the revolution arrives when some new paper comes out tomorrow (or that none will arrive because of today's limitations), but the far more likely reality is that the revolution paces as something more like the internet's -- real and profound, but unfolding gradually over the span of decades as people work hard to make new things with it.