You shouldn't believe the hype ... in either direction. The vendors will always claim their product is better than it is, and those who are threatened by it will always deny the competency.
Unless, however, AI development hits a wall, one should expect it to continue to improve.
OTOH, I suspect that training it on the unmoderated internet has gone quite a bit beyond the optimal stage. That was good for basic grammar, and picking up neologisms, but beyond that it doesn't seem to lead anywhere. What is needs is "validated correct information with a relatively low noise level". And it still needs to be prepared to doubt it.