Is it a way to develop critical bits of code, depths of your business logic? Absolutely not. Can it solve a lot of boilerplate and support logic? Absolutely yes.
Seeing "AI Companies as Bad Actors"... can't fully disagree there. There's far too many far too dodgy things about these businesses, and I trust them as far as I can audit them (not very far). And the missing argument's the cognitive decline of using these things to think for us. I try to keep myself sharp by still manually doing a fair amount of things in my life. I refuse to automate _everything_ - especially the stuff I do for fun. Having an LLM manage hobby-adjacent stuff is a quick trip to burnout land, especially once fixing the thing becomes "the hobby"... and it does.