Have you tried it? It is very good at explaining and commenting code — better than my comments.
Again, I could be wrong; e.g., a banking application might have certain regulations it needs to follow making non-computer-technical reasons for certain things to be done. That would be a good candidate for a "helpful" comment which would be reasonably AI-generated. (Although, perhaps not a good candidate for an LLM-generated application.) The example of "our specific business wants this for reasons" is one that I think LLMs would struggle with unless that's included in the context window. Of course, that's also possible; not sure if that is presumed.