There is part of me that thinks that this A.I. fear-mongering is some kind of tactic by Google to get everybody to pause training their A.I.s so they can secretly catch up in the background. If I was to do some quick game theory in my mind this would be the result.
Imagine being Google, leading the way in A.I. for years, create the frameworks (tensorflow), create custom hardware for A.I. (TPUs), fund a ton of research about A.I., have access to all the data in the world, hype up your LLM as being sentient (it was in the news a lot last year thanks to Blake Lemoine) and then out of nowhere OpenAI releases chatGPT and everyone is losing their minds over it. You as Google think you are ready for this moment, all those years of research and preparation was leading to this point, it is your time to shine like never before.
You release Bard and it is an embarrassing disaster, a critical fail leading to an almost 50% reduction of Google's stock price and for the first time and to the surprise of literally everybody people are talking about Bing but in a positive light and google is starting to look a lot like Alta Vista. Suddenly in the news we start hearing how openAI needs to stop training for 6 months for safety of the human race (and more importantly so Google can catch up!).
I have been playing with and using chatGPT to build tools and I don't feel like it will take over the world or pose any real danger. It has no agency, no long term memory, no will, no motivations nor goals. It needs to have it's hands held by a human every step of the way. Yes I have seen AutoGPT but that still needs a ton of hand holding.
I find the current LLM very impressive but like any tool they are as dangerous as the human in the drivers seat and I find the current fear-mongering a bit inorganic and insincere.