If we started writing lots of laws around NFTs, it would just be a bunch of pointless (at best), or actively harmful laws.
Nobody cares about NFTs today, but there were genuinely good ideas about how they’d change commerce being spouted by a small group of people.
People can say “this is the future” while most people dismiss them, and honestly the people predicting tectonic shifts are usually wrong.
I don’t think that the current LLM craze is headed for the same destiny as NFTs, but I don’t think that the “LLM is the new world order” crowd is necessarily more likely to be correct just because they’re visionaries.