It surprises me that people still believe this! I've seen AI deliver incredible value over the past year. I believe the application level is utilizing <.5% (probably less) of the total value that can be derived from current foundation models.

It's only a niche weird opinion you'll find on forums like HN.

In the real world, it's immensely useful to millions of people. It's possible for a thing to both be incredibly useful and overhyped at the same time.

Based on your gung ho attitude I suspect that you are personally invested in "AI products" or otherwise work for a firm that creates "AI products"

What evidence supports your conclusions?

What evidence are you aware of that counters it?