It isn't. I mean, that depends on what "low level code" means. We have compilers so, to an extent, it's something desirable. But if "low level code" means everything we understand as code today, it may not be great. Human languages aren't precise enough for the kind of work that needs to be done.
But let's say it's accomplished. What will end up happening is that AI (should it work to the extent it's been hyper) will replace all the 'fun' jobs and we'll be left with either no jobs (and no income), or the most menial physical labor imaginable.
I have a million and one things I want to accomplish but can't due to lack of time and energy as I work full time.
This includes reading, gardening, playing sports, learning to play the piano, etc. Of course some of that is consuming media, but I don't think people will just become couch potatoes.
Think of all the things "high society" accomplished in Victorian england because they had the time, energy and resources.
But let's say it's accomplished. What will end up happening is that AI (should it work to the extent it's been hyper) will replace all the 'fun' jobs and we'll be left with either no jobs (and no income), or the most menial physical labor imaginable.