I reckon it’s somewhere in between. I really don’t think it’s going to be the revolution they pitched, or some feared. It’s also not going to be completely dismissed.
I was very excited when I started to play with various AI tools, then about two weeks in I realized how limited they are and how they need a lot of human input and editing to produce a good output. There’s a ton of hype and it’s had little impact on the regular persons life.
Biggest application of AI I’ve seen to date? Making presidents talk about weed, etc.