In human terms, we would call that knowing how to bullshit. But just like a college student hitting junior year, sooner or later you'll learn that bullshitting only gets you so far.
That's what we've really done. We've taught computers how to bullshit. We've also managed to finally invent something that lets us communicate relatively directly with a computer using human languages. The language processing capabilities of an LLM are an astonishing multi-generational leap. These types of models will absolutely be the foundation for computing interfaces in the future. But they're still language models.
To me it feels like we've invented a new keyboard, and people are fascinated by the stories the thing produces.