For repetitive tasks, it can almost automatically get a first template you write by hand, and extrapolate with multiple variations.
Beyond that… not really. Anything beyond single line completion quickly devolves into either something messy, non working, or worse, working but not as intended. For extremely common cases it will work fine; but extremely common cases are either moved out in shared code, or take less time to write than to “generate” and check.
I’ve been using code completion/suggestion on the regular, and it had times where I was pleasantly surprised by what it produced, but even for these I had to look after it and fix some things. And while I can’t quantify how often it happened, there are a lot of times where it’s convincing gibberish.
Inertia?