That really depends on the language, context, and purpose. As a result studies on the subject give wildly different results.
For casual purposes I think AI is already more than sufficient.
I would argue that our use is rather technical, though, since we're especially concerned over the exact verbiage of rather complex topics.
So, I will use a study on a rather technical subject where exact verbiage also matters a lot:
translated discharge instructions.
The results, in summary, were: when translating technical documents into Spanish, the error rate was similar to professional translators, just less fluent.
However, other languages, like Chinese, were markedly worse and more prone to errors across all metrics.
Of especial note, though, is that when AI did make a mistake (other than in Spanish), it was far more likely to be a very significant mistake that actually harms comprehension, such as skipping an entire section, or replacing a word with one that's nonsensical.
There's not a lot of studies on Japanese specifically, which I find we need most often. Three years ago studies were showing like 73% error. Anecdotally, companies in Japan often use AI for assistance now but definitely don't trust it enough to replace humans at this stage.
Tl;dr: For very common English-adjacent languages like Spanish, it would seem not, but for other more unique languages probably.