Starting back in 2022/2023:
- (~2022) It can auto-complete one line, but it can't write a full function.
- (~2023) Ok, it can write a full function, but it can't write a full feature.
- (~2024) Ok, it can write a full feature, but it can't write a simple application.
- (~2025) Ok, it can write a simple application, but it can't create a full application that is actually a valuable product.
- (~2025+) Ok, it can write a full application that is actually a valuable product, but it can't create a long-lived complex codebase for a product that is extensible and scalable over the long term.
It's pretty clear to me where this is going. The only question is how long it takes to get there.