General Discussion

The requirements process in normal software development isn't the most time consuming part of development - that would be the design, coding, regression testing, etc. When that piece is automated, the overall development time is slashed.

Now add on the ability of AI to see what the existing system does (processes, calculations, interfaces) and there is little to no need for human intervention in the requirements gathering process. This of course is assuming that the goal is to replace old, less efficient code with modern code.

Either way, using AI reduces/eliminates many of the challenges that humans cause in the software development process.