I think LLM skeptics and cheerleaders all have a point but I lean toward skepticism. And that's because though LLMs are easy to pick up, they're impossible to "master" and are extremely finicky. The tech is really fun to tinker with and capable of producing some truly awesome results in the hands of a committed practitioner. That puts it in the category of specialized tools. Despite this fact, LLMs are hyped and valued by the markets like they are breakthrough consumer products. My own experience plus the vague/underwhelming adoption and revenue numbers reported by the major vendors tell me that something's not quite right in this area of the industry.