Sure, but it's overblown. People have been reasoning about and building probabilistic systems formally since the birth of information theory back in the 1940s. Many systems we already rely on today are highly stochastic in their own ways.

Yes, LLMs are a bit of a new beast in terms of the use of stochastic processes as producers—but we do know how to deal with these systems. Half the "novelty" is just people either forgetting past work or being ignorant of it in the first place.