I'm not going to claim that the CEO of pre-IPO company has no incentive to bolster the claims of his tech, but to completely disregard everything he is saying based on that seems awfully binary.
I don't know whether people are just high on copium, spouting "it's just fancy autocomplete" or "only humans can really be creative" on every LLM-related thread, but it is impossible to deny that in a span of a few years we've gone from models that could barely put together a sentence, to something maybe not equivalent to a junior developer, but at least resembling it.
And sure, you can point out every flaw that current day LLMs have, just how everyone pointed out that Stable Diffusion couldn't generate accurate hands (until it could 6 months later!). But the gradient is pretty clear and I am yet to see a well-argued narrative from anyone why scaling laws should fail in the next year or two (by which point it feels like we're going to have a real problem, extrapolating the current trajectory).
I'm very glad this discussion is at least being had, and I wish everyone would get off their high-horse and take things a bit more seriously.