Yes, if you treat Bing/ChatGPT like a smart AI friend who will hold interesting conversations with you, then you will be sorely disappointed. You can also easily trick it into saying ridiculous things.
But I've been using it to lookup technical information while working and it's been great. It does a good job of summarizing API docs and stackoverflow posts, and even gives me snippets of code. I had it generate Python scripts to do simple tasks. Sure, it's not always accurate - but it's saved me time and I find it at least complementary to Google.
So it's a tool. Fairly immature at the moment but very useful.