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They just went by gut feeling. Classic snake oil marketing haha. No real data to back things up, just let some famous people say they feel better when using it.
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I'm a little skeptical of claims like this that involve migrating things like libraries, etc. I've done big refactors like this multiple times (albeit, in an "only" 500k-1m LOC codebase) with less powerful models and it is usually just 99% the same edits, with 1% requiring a close human eye to resolve a particularly painful breaking change.

EDIT: to be clear, it's still quite a helpful thing in terms of time saved, I just don't think it's necessarily the best indication of value-added from making models smarter when cases like this can often be handled by well-directed swarms of smaller ones.

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You should probably use software to do such large transformations (especially in dynamic languages). In Python LibCST is available, not sure what exists for Ruby.
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