Why do you think that’s its primary purpose? It has lots of uses. The point is that it’s doing fine, it hasn’t “gone away.”
Sure, that’s why I only ever hear about unregulated securities when a scam makes the news. XD
Your criterion for a “bubble popping” is that the technology doesn’t grow to completely dominate the world and do everything that anyone has ever imagined it could do? That’s a pretty extreme bar to hold it to, I don’t know of any technology that’s passed it.
My criterion for a bubble pop is the sudden and intense disinvestment that occurs once the irrational exuberance wears out and the bean counters start writing off unprofitable debt.
Given that so-called “AI” is falling into the trough of disillusionment, I’d expect it to begin in earnest within a few months.
So it can replace people lower than “senior?” That’s still quite revolutionary.
No, it can’t, because it isn’t and cannot be made trustworthy. If you need a human to review the output for hallucinations then you might as well save yourself the licensing costs and let the human do the work in the first place.