People don't understand what exponential improvement means. GPT-3 is a 175B with B parameter model. Another few rounds of doubling and we could be seeing models spit out short stories and novellas.
They "can't reason" but they can solve symbolic integration and differential equations (https://arxiv.org/pdf/2006.06462.pdf), beat us at all board games, and more recently get to be almost impossible to tell apart from human writing (GPT3).
That's still true. It can write a paragraph that's usually grammatical, and can stay on topic, but it's missing things like facts, or even the ability to remember which side of an argument it's taken previously.