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Personally, I use the term "Advanced Procedural Text Generator", which is a good technical description of them. A very, very powerful generator, but still pseudo-random bassed on to a seed named "prompt".
The best thing they're capable of is to be glorified Lorem Ipsum generator, no more.
And it's not going to get any better in the next decades. AIs have fundamental technical issue, hallucinations are systemic and insolvable no matter how much data is provided. The only way to prevent an AI from talking nonsense is to manually set thousands of IFs and conditions to correct it.
It's the new techo hype and speculative bubble of Silicone Valley's, and it will explode violently.
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