This is correct - I've also used it at my programming job because it allows you to learn APIs way faster, or even whole new programming languages, not to mention you can use it to generate code and automate a lot of the boilerplate stuff which is tedious (you only have to debug it - this is where it would get tricky for junior devs or someone who knows nothing about coding).
And yes, it does appear to know a lot about practical day-to-day things. I know someone who used it to learn gardening rapidly for example. In many cases I actively avoid search engines these days and just ask AI - in most cases you will get better results if it's just some question that needs answered.