Per usual, it's somewhere in the middle. I find LLMs to be very useful for coding and solving quick tasks, but I don't think it's going to turn into skynet or make humans worthless.

There's a lot of momentum (driven by incentivization) around sensationalizing and storyboarding emerging technology into the "to the moon" and "neo Luddite" camps, and there's far too many people that fall into that uncritically.

My guess based on historical precedent of most emerging tech is that ten years from now AI (my preferred name is machine learning) will settle in as a useful tool for certain tasks, and we will be shrugging about the implications of it.