So it's unclear to me, at this moment, how much the automated spam threat will increase because of GPT-4 and friends. We've already had plenty of that before we had publicly available LLMs.
Anyway I'm not convinced yet of the coming chatpocalypse. I think I'll just wait this one out and not try to make any predictions when there's so little to go on.
Edit: I'm more worried about scammers, scamming, than spammers, spamming, to be honest. There are plenty of people that don't have a clear understanding of how difficult it is to tell that one is having a conversation with a bot over the internet these days. People were already falling for bride scams over the 'net for a long time before LLMs. A scammer could automate that. And probably increase their revenue to boot (because they can target more people now).
Bride scam:
LLMs are no more valuable to a large spam operation than they are to any other business. This is like a 5%-10% profit increase, not 50%-100%. The key to that game is finding suckers. Language models help, but only so much.