In some aspects the hype is real; LLMs are extraordinarily performant for a wide range of previously hard tasks.
On the other hand, people seem to equate these advancements with “strong AI” (or AGI). We are one step closer, sure, but the calculator was also a step forward.
We’ve created a mirror of all (most) human knowledge, queryable via natural language. People look into this mirror and see themselves, sometimes things greater than themselves.
This mirror tricks us into thinking the machine will soon replace us. It’s so accurate, why would it not?
Fortunately, it’s just a mirror, and we’re the bear in the woods seeing it’s reflection for the first time. Scared and ready to fight.
If you focus on the technology (LLMs) and throw caution at anyone hyping “AI” generally, you can create a filter for what’s real and what should be questioned.