The comment above captures it well though-- many of us aren't just writing stuff you can copy/paste from stackoverflow. When you're working on things where you're operating with internal business concepts and data with set meanings the difficulty is rarely writing the code but rather reasoning about how to cleanly approach the problem in the first place.
The thing is, the hiring managers reacting like that to ChatGPT are also the same folks who would've considered outsourcing engineering anyways to one of those offshore "consultancies". Tools like ChatGPT will ultimately be a replacement for use cases where you've already fully scoped out what to build and how to build it and the implementation is straightforward.