LLMs are great at retrieving information while taking a natural language query and synthesizing a natural language response. In essence, it is a glorified search engine, that is better than keyword-based search, but not as great /revolutionary as advertised. So, yes, it has utility. But, people like Altman and most other silicon valley execs had to overhype the damn thing because they only care about pumping their stocks.

Of course, needs to factor in the cost of power, infrastructure and environmental destruction. That depends on the how did LLMs scale with rise in these inputs? But, everyone is more concerned with outspending everyone else, in hopes that they will magically reach Narnia (I mean, AGI), but it might as well be Narnia. The result: a fucking bubble.

If they had kept their and everyone else's expectations in check, this would not have happened. But, hey, line must go up, at any cost.