Most models on HF are like CrapCoins of the crypto era, so forget about 99.5% of them. There are only a few that can be useful (mostly +70b params).
Don't forget that some of this hype can be driven by nVidia to sell more GPUs. Some of it is driven by crypto enthusiasts who now use their GPUs for GenAI.
Forget about benchmarks and SOTA performance claims. Data leaks and you'll never be 100% sure that the team didn't mess with training data to manipulate the benchmarks.
Is GenAI a hype? Most likely, yes. Can it still be useful? Yes. You can still use GPT-4 and Llama 2 70b models for various tasks. Just don't use Langchain or any frameworks. Make your own API calls. And the smaller models (3-7b)? They are useful for when you don't want to chat with the model, like sentiment analysis.