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Linus Torvalds reckons AI is ‘90% marketing and 10% reality’
(www.tomshardware.com)
This is a most excellent place for technology news and articles.
As another (local) AI enthusiast I think the point where AI goes from "great" to "just hype" is when it's expected to generate the correct response, image, etc on the first try.
For example, telling an AI to generate a dozen images from a prompt then picking a good one or re-working the prompt a few times to get what you want. That works fantastically well 90% of the time (assuming you're generating something it has been trained on).
Expecting AI to respond with the correct answer when given a query > 50% of the time or expecting it not to get it dangerously wrong? Hype. 100% hype.
It'll be a number of years before AI is trustworthy enough not to hallucinate bullshit or generate the exact image you want on the first try.
Its great at brainstorming, fiction making, a unreliable intern-like but very fast assistant and so on... but none of that is very profitbable.
Hence you get OpenAI and such trying to sell it as an omiscient chatbot and (most profitably) an employee replacement.