Except for a short window around the release of GPT-4 (especially the inflated claims around beating expert trained humans at legal and math tests, as well as "replacing google"), I think people have more or less right-sized their expectations for large language models and generative AI. Clearly it can do interesting and impressive things but it's not superintelligence, and the folks predicting we're just around the corner have been recognized once again as shysters, hucksters, and charlatans. It doesn't help that state of the art ML researches have gotten so good at over-hyping the actual abilities of their technology.

However, I do think we'll continue to see impressive advances in the areas of media consumption and production, with complex reasoning on hard problems being a likely area of improvement in the near (1 decade) future. While I once never expected to see something like HAL in my lifetime, I feel that many aspects of HAL (voice recognition, ship automation, and chess-playing) have been achieved, if not fully integrated into a single agent. We can expect most applications to be banal- the giants who have the largest data piles will train models that continue to optimize the addictivity of social media, and click-thru rates of ads.

I am also quite impressed at the recall of information by language models for highly factual and well-supported things (computer reviews in particular).