My feelings exactly. For a while I thought I was missing out and then I started learning how(and why) it works and I thought it was interesting but greatly over-hyped, exactly like bitcoin was.
I tried to follow the hype and generate an application but it took a lot of time and it did generate something but not something that works with many subtle bugs. Now it may be that I needed to prompt it better, but that response also feels similar to how Scrum is always "done wrong" when it doesn't work. The result started getting better when I got more and more detailed with my prompts and then I realized that I am about to start writing code as a prompt and I may as well write the code myself.
So I still think it's an interesting tool, and it will automate away certain industries but no where near what the advertising is implying.