AI code assistants currently are like that senior dev who knows everything, has experience in everything, and always likes to help everyone. But sadly he does a lot of shrooms in his spare time and sees things that aren't there. He also has quite the opinionated ideas about what good code should look like.
That implies that you just can't let him do the quality assurance. He can write code. You can ask him stuff. And he excels at debugging.
But you can't let him plan the architecture. You can ask him about his ideas and select the ones that are actually good, though.
And you definitely can't let him review his own code. Someone else has to do that.
So if they literally just let the AI do everything, there is absolutely no way anyone has a chance to ever review the result because AI code is harder to review (for now), and AI loves to repeat itself (for now).
And sure, they can tell it to write tests. But AI is dogshit at writing tests. It tends to forget the important cases, test the wrong thing, and/or obsess about completely irrelevant implementation details.
I also tried the multi-round approach with a committee of agents trying to iteratively find and fix flaws. It only works well for finding bugs, not fixing them (for now).
But while AI can't replace me, it is really nice to have as a tool - just like I have syntax highlighting in the IDE, I have a code assistant that can autocomplete a few lines of code, find out why my code misbehaves, or tell me what some library method is supposed to do. Sure, I have to still verify the results. But often, finding the bug or information was the hard part.
Coding assistants are great. Just don't let them write too much code at once. You need someone who still actually understands the codebase. That sadly can't be an AI (yet).