The entire AI bubble _is_ a big deal, it's just that we don't have the capacity even collectively to understand what is going on. The capital invested in AI reflects the urgency and the interest, and the brightest minds able to answer some interesting questions are working around the clock (in between trying to placate the investors and the stakeholders, since we live in the real world) to get _somewhere_ where they can point at something they can say "_this_ is why this is a big deal".

So far it's been a lot of conjecture and correlations. Everyone's guessing, because at the bottom of it lie very difficult to prove concepts like nature of consciousness and intelligence.

In between, you have those who let their pet models loose on the world, these I think work best as experiments whose value is in permitting observation of the kind that can help us plug the data _back_ into the research.

We don't need to answer the question "what is consciousness" if we have utility, which we already have. Which is why I also don't join those who seem to take preliminary conclusions like "why even respond, it's an elaborate algorithm that consumes inordinate amounts of energy". It's complex -- what if AI(s) can meaningfully guide us to solve the energy problem, for example?

One thing one can assume is that AI really is intelligent we should be able to put it in jail for misbehavior :-)