The scope it can assist in is too limited. It is exactly the kind of thing I'd use to generate self-destructing spaghetti. The thing is, people with less experience will eat this up because it can do some tasks with ease which might not be familiar to them yet. Over time, the code they produce will be a mine field of incongruent patterns and solutions.
It appears to support the hypothesis that these tools may actually create more work, but I worry that the work will be much like that created by outsourced developers shipping duct-taped nonsense back to North America throughout the last 20 years or so.