For each generation of advancement the "AI psychosis" of the previous wave wears off. Those who believed 4.6's reasoning was an accurate account of its behaviour; those who believed it had goals and solved useful problems reliably; and so on -- now, attribute only these things to Fable. And no doubt when Fable 6 comes along, it will be only v. 6 that does that.
We have seen fairly marginal progress in LLM reliability and performance since the meaningful start of the high-inference/high-reasoning harness era. It just takes people a few model version bumps to break out of the addiction loop to realise this.
At some point progress will stall entirely, and a couple years after that the spell will break and people will stop treating LLMs "as AI" in the wide-eyed sense, and start treating them as unreliable tools that map Text->Text -- as they do now with earlier model versions.