GPT-4 is pretty amazing but I, too, feel this is being overhyped. For me, a sobering example is how OpenAI does math (eg [1]). Specifically, the model clearly doesn't really understand multiplication and "learns" it from training data. This tends to get the first few and last few digits right for a simple multiplication with 6-7 digit numbers. Now you can solve that with plugins (eg training the model to recognize ma…
Most of the time when people find a maths problem that they can trick the model into getting wrong, it's also possible to get the model to give the correct answer with better prompting. A trick that's worth knowing is just to ask the model to give each step in the solution and explain as it goes. This gives the model "time to think" and leads to better results.
For what it's worth, I'm not even sure if chain of thought provides much value to GPT-4. The RLHF it went through seems to have encouraged more logical thinking already.