After watching the entire world’s reaction to AI, at this point my conclusion is that hype driven development is human nature, and we just need to come to terms with that (but you will have to drag me kicking and screaming).
If the hype was real none of these AI initiatives would be struggling to make money, but they are.
I don't really see it different than the artificial web3 hype, the only difference being that LLMs are use for extreme happy path scenarios.
I would say LLMs are very useful for specific scenarios. They're also getting better. Just takes time to iron out the kinks.
It's also little different than the .com bubble...
I think this teaches us that a thing can be hyped into the stratosphere, suck very much, crash and burn, and then go on to eat the world...