Except that we are just left with outputs that are untrustworthy. All of these GPT products; ChatGPT, Copilot, Bard, Bing AI are still frequently hallucinating answers and often very incorrect solutions. We have already seen this with Copilot writing vulnerable code.
What this current AI hype cycle fails to realize is that given that you still cannot trust the generated output, it cannot be used safely in serious and highly regulated industries such as finance, law and medical professions all of which require trust and have been subject to AI disruption for years all with the same problem of trust being unsolved in AI. It is not enough to even disrupt search engines.
There is nothing new or revolutionary about a AI SaaS business with an API with a chatbot generating nonsense. I expect the hype around AI LLM chatbots to subside just like the hype around social spaces apps like Clubhouse did.