Using artificial intelligence, it's possible to generate a fully functional and deployable API in just five minutes. By creating an OpenAPI Specification (OAS) file through prompt engineering with AI tools like Blackbird API development platform, server-side code generators can then be used to implement the boilerplate code for this API. Finally, the generated API code can be tested and deployed into a kubernetes environment using Blackbird's deployment create command. This process allows developers to quickly build APIs with predefined schemas and error cases, making it an efficient method for API development.