Without question the technology will only grow stronger.
I am by no means against those technological advances, just recognizing that we as educators must strive to stay ahead of the curve if we are to effectively serve our students. Ultimately, I see advances in technologies like this leading to a shift away from credential-based learning to skills-based learning.
Right now, students come to the university to get a 'diploma' that says they sat through a bunch of boring lectures and did (or had an AI tool do) a bunch of boring assignments.
Future employers are going to catch on to the fact that the diploma doesn't mean much. They are going to demand that would-be employees demonstrate specific skills and aptitudes more so than just a diploma.
In other words, the easier it is for lots of students to cheat and/or get an easy diploma, the more employers will be forced to incorporate other metrics rather than degree and gpa.
RE: ChatGPT vs. University Professors -- Not a Fair Fight (Not Even Close)