The appearance of ChatGPT shows the power behind current AI language models. Even at the current evolutionary level, they are capable of many repetitive tasks, which gives us more time to spend on value-added tasks.
This is an excellent example of how exponential technology can change our daily life. The question is, do we stand up on the wave or go under the water?
In the upcoming two years, we will see several examples of how giant companies can fall behind fast-moving newcomers.
I think the essential capability is today is the same as using google in the early 2000's. If you can word the proper question, the machine will give the expected answer.
Today the technology is not on the same level as humans but it can greatly extend the human capabilities to offload the basic codings which sometimes takes 80% of the work.
We can use simply to build the basic modules what we can use to assemble the parts to a new function which we require. The low-code functions will be replaced by these codes, as those can write simple codes who never learned. If they can word precisely what they want, AI will generate the code.
The next big thing will be if they start understanding the existing code. They can solve one of the most significant issue in older companies: The legacy code migration!