I am stuck between the luddites and "artisanal" coders on this one. LLMs are neither as smart/useful or as dumb/useless as people think. Unless your job involves producing useless garbage every single day, good software requires a lot of thought before the first line of code is even written. For those with serious domain knowledge, the thinking time can be compressed into minutes/hours rather than days/weeks it might take.
LLMs are a tool. You either pay for it or you use the freely available ones on your own hardware. As long as the output is directed by my thinking, the output belongs to me. If it were up to me, I would abolish IPR (and even permanent ownership of land) as a category altogether, but that is a different discussion.