It isn't even a gradeschooler. I feel like it is more a toddler who has just barely come into existence. It doesn't know how it feels to taste, smell, touch, etc. It can't even second guess itself and just blabber whatever come to its "mind" first. In its current state, there is zero higher thought in it.
But even so, it is already so powerful. A spark of general intelligence as Microsoft said it.