The problem arises when it hallucinates answers. That results in colleagues operating based on invalid information, leading to bigger issues. I've seen this many times at my own company, and I simply do not know how to tell folks to be more discerning of the LLM responses while leadership is simultaneously saying do more, faster, with AI.
When your work process depends on SAAS you depend on the vendor of that SAAS.
"Everyone" tells me that "noone" wants to use LLM-based code generators that you can run locally because they're so much worse than the newest ones provided by the major LLM manufacturers. If the gossip is true, then it seems like -for the foreseeable future- you're absolutely dependent on one or both of those two SAAS vendors.