I think the "why" for this is that the stakes are high. The economy is trembling. Tech jobs are evaporating. There's a high anxiety around AI being a savior, and so, a demi-religion is forming among the crowd that needs AI to be able to replace developers/competency.
That said: I personally have gotten impressive results with AI, but you still need to know what you're doing. Most people don't (beyond the beginner -> intermediate range), and so, it's no surprise that they're flooding social media with exaggerated claims.
If you didn't have a superpower before AI (writing code), then having that superpower as a perceived equalizer is something that you will deploy all resources (material, psychological, etc) to ensuring that everyone else maintain the position that 1) superpower good, 2) superpower cannot go away 3) the superpower being fallible should be ignored.
Like any other hype cycle, these people will flush out, the midpoint will be discovered, and we'll patiently await the next excuse to incinerate billions of dollars.