> It's really hard to accurately assess the possibilities granted by LLMs, because they just feel like they have so much potential.

I agree, but this feeling isn't anything new! This was the verbatim argument people used when insisting that blockchain was going to be a transformative technology. Bitcoin increased in value so dramatically and so quickly that it just felt like there had to be something valuable in the underlying technology, and corporations collectively through billions at it because they wanted to be the ones to exploit it first.

It's very easy to look back and say "well of course it's different this time," but the exuberance for blockchain at the time really was very close to current AI hype levels. It's quite possible that AI becomes a useful tool in some relatively niche scenarios like software development while never delivering on the promise of replacing large swathes of skilled labor.