A lot of people said the same thing in the '90's about "Neural Networks". Senior colleagues of mine have vivid memories of consultants coming in then saying much the same thing "in 10 years this will completely revolutionize your industry (manufacturing)."

When I first start working in 2004 "data mining" was the big thing and it was going to solve all our problems. Nowadays I'm hearing the same thing again about "Machine Learning".

It's pretty natural to be skeptical people make big promises it ends up being a lot of hot air.