There is ton of utility. I use it all the time to study, to look up what's happening in the world, to understand the context behind what others are saying, cooking recipes, and much more. Considering LLMs have access to tools for searching the internet they have a superset of the capabilities of Google and consumers got a lot of value from Google. In fact from putting ads on the search results Google has made billions of dollars from such consumers getting value from their service.

When you ask it to give you a digest of current events or as a study aid how are you ensuring that what your reading is a valid representation of the source material? Has it never given you false information?