Except for a short window around the release of GPT-4 (especially the inflated claims around beating expert trained humans at legal and math tests, as well as "replacing google"), I think people have more or less right-sized their expectations for large language models and generative AI. Clearly it can do interesting and impressive things but it's not superintelligence, and the folks predicting we're just around the…
I think it's impressive that we went from LLMs not being useful at all to GPT3.5 shocking the world to GPT4 becoming super useful for many things in around 7 months time.
LLM progress have slowed down a bit. But I think we're just getting started. It's still really early. It's only been 1 year since GPT4 came out. Even at the level of GPT4, scaling it would have immense benefits. But my sense is that we'll have a few more levels of great leaps in LLM capabilities that will shock people in the next 3-4 years.