If you look at the leap from GPT-3 -> GPT-4 in terms of hallucinations and capabilities etc, and you combine that with advances in cognitive architecture like reflexion and AutoGPT, it's pretty clear the trajectory is one of becoming increasingly competent and trustworthy.
The degree to which you need to check it's work depends on your use case, level of risk tolerance, and methods for verification. I think one of the reasons AI art has absolutely exploded is because there's no consequences for a generation that fails and it can be verified instantly. Compare that to doing your taxes where it's high stakes if you get it wrong, you're far less likely to rely on it. There is a landscape of usefulness with different peaks and valleys.