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I think OP fears for a world where we're awash in thousands of fake content posts which obliterate real valuable connections.

It's probably not going to end well.

Valid fears but I think there are more pressing issues with AI that take precedence

AI generated content is NOT great, I don't encourage publishing them. But I encourage them being used for inspiration and getting ideas

Your title implies the opposite.

But that's not what this LinkedIn tool is. It's just another way to spam online forums with extremely poorly created content.

Generative AI text content is really not that good right now, unless you're happy with mediocre re-hashed prose, structure, ideas and delivery.