[Al-Khwarizmi]

ChatGPT is of actual help for me in various daily tasks, which was never the case with ELIZA or earlier chatbots which were only good as a curiosity or to have some fun.

Lack of actual human understanding? Of course, by definition a machine will always lack human understanding. Why does that matter so much if it's a helpful tool?

For what it's worth, I do agree that there is a lot of hype. But contrary to blockchain, NFTs, web3, etc., this is actually useful for many people in many everyday use cases.

I see it as more similar to the dot com hype - buying a domain and creating a silly generic website didn't really multiply the value of your company as some people thought in that era, but that doesn't mean that websites weren't a useful technology with staying power, as time has shown.