I am more on the AI skeptic side (LLMs are not a path to general intelligence, most positions cannot be 100% replaced with any version of product I have seem to date), but I fully agree. Some form of AI text generation is likely to be here forever. Maybe it gets vastly more efficient per clock cycle, but compared to N years ago, all of the tech vendors need more compute to offer this service.
It doesn’t matter if its general intelligence. What matters is if they can get workers and consumers using it every day. Which increasingly seems to be the case.