It absolutely does, and will be used and enforced by those who want to protect their IP. Within the existing frameworks.

Let's no go down the rabbit hole of "since it's easier now, we need new laws..." to make new laws and regulations about what AI coding can and can't do when the existing copyright laws work perfectly well.

edit: Want to decomp/recomp a game and modify it and change it so you have more fun? Go right ahead. Have a blast. Want to then publish that? You don't have the right to republish their materials without permission. If you do, the owner can run the math of how much it damages them to decide if they pursue it. We don't need the AI generator to police that for us.