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What is something you never understood the hype for?
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1, 2, 4, power wastage, the hype, the low returns for all the time, energy, and resources spent on a technology that has its uses but is no more a panacea than bitcoin, web4 or any of the other bullshit bubbles that have been ubiquitous since people worked out that venture capitalists will spunk unlimited amounts of money at the latest shiny thing.
Sounds like you dislike LLMs, not AI. Many medical breakthroughs have come from AI/ML. Car safety features, drone flight assistance, weather prediction, etc, are all examples of good AI.
AI is a catch all term, and I'm using it as such. I'm not saying that none of the technology has any use, but the hype saying it's a panacea is just that - hype. The same as Blockchain, which has its uses but was hyped out of all proportion.
You are right that LLMs are particularly bad when it comes to value for energy/water/hardware etc.