AI is at the point where you can have a conversation with it about almost anything, and it will answer more intelligently than 90% of people. That's incredibly impressive, and normal people don't need to be sold on it. They're just naturally impressed by it.
Would you trust an AI that gets your banking transactions right only 70% of the time?
Where are you getting this from? 70%?
I think normal people understand curing all disease, replacing all value, generating 100x stock market returns, uploading our minds etc to be hype.
I said a few days ago, LLM is amazing product. Sad that these people ruin their credibility immediately upon success.
It is still being vastly overhyped, though, by people attempting to sell the idea that we are actually close to an AGI "singularity".
Such overhype is usually easy to handwave away as like not my problem. Like, if investors get fooled into thinking this is anything like AGI, well, a fool and his money and all that. But investors aside this AI hype is likely to have some very bad real world consequences based on the same hype-men selling people on the idea that we need to generate 2-4 times more power than we currently do to power this godlike AI they are claiming is imminent.
And even right now there's massive real world impact in the form of say, how much grok is polluting Georgia.