In my personal opinion, it’s under-hyped. The average person has maybe heard about it on the news but not yet tried it. The models we have show the spark of wit, but are clearly limited. The news cycle moves on.
Even still, some huge changes are coming.
My reasoning is this - in David Epstein’s book “Range” he outlines how and why generalists thrive and why specialization has hurt progress. In narrow fields, specialization gives an advantage, but in complex fields, generalists or people from other disciplines can often see novel approaches and cause leaps ahead in the state of the art. There are countless examples of this in practice, and as technology has progressed, most fields are now complex.
Today, in every university, in every lab, there are smart, specialized people using ChatGPT to riff on ideas, to think about how their problem has been addressed in other industries, and to bring outsider knowledge to bear on their work. I have a strong expectation that this will lead to a distinct acceleration of progress. Conversely, an all-knowing oracle can assist a generalist in becoming conversant in a specialization enough to make meaningful contributions. A chat model is a patient and egoless teacher.
It’s a human progress accelerant. And that’s with the models we have today. With next generation models specialized behind corporate walls with fine tuning on all of their private research, or open source models tuned to specific topics and domains, the utility will only increase. Even for smaller companies, combining ChatGPT with a vector database of their docs, customer support chats, etc will give their rank and file employees better tools to work with
Simply put, what we have today can make average people better at their jobs, and gifted people even more extraordinary.