I use pseudo thinking of quasi intelligence, it does the job well enough.
And yes, we do need precision. Language is a vehicle to convey ideas, at its best it creates clarity. At its worst it creates deception and confusion.
What the labs are doing is designed to mislead. Being clear about the terms and avoiding needless anthropomorphization, is a basic decency we owe to the many others who are being riled up or terrified by the conclusions and implications that come from using “thinking” when it’s something else.
The difference between being satisfied by the outcomes and being interested in the process is sufficient to indicate the exactness required in your terminology, and does not harm any position.
These aren’t thinking machines, but if what they simulate is good enough, and your work ends with the output, it doesn’t quite matter.
People can be happy with a meal from McDonalds, or they can want something prepared by a chef, or Soylent.
All are acceptable and bring utility to their customers.