It's useful for predicting the future with some level of error that's probably better than you could do on some topic you know little about - and for generating text in the style of someone else about some subject where accuracy doesn't matter.
That's pretty much it.
Until LLMs work different, Chat-GPT - even if it gets to version 9000 - is never going to be able to tell you what's on the menu today at Chez Panisse, unless they build in some API for Chez Panisse to answer that query direction - in which case, you're not really using AI at all...