Every problem is probably hyperbole. It will solve lots of problems. But it feels a bit naive to expect it to solve all problems. We've got so much more technology than say, ancient Greece ever imagined, but we still have problems.
Things that it could probably do: Write song lyrics, screenplays, identifying drug dealers, things political parties can agree on, gauging your mental health similar to how Garmin watches can gauge physical health, finding MH 370, pass a typical tech interview.
Also if you play with AI as it stands today, you'll notice some characteristics. It reminds me a little of Vision in WandaVision. It's adorably naive in some things. It has a certain "dialect", probably depending on how it's trained. It reminds me of a 14 year-old American.