Yes Excel has more features today. So what? We're still not making any measurable progress towards true AGI. We don't even know what the development path or ultimate goal looks like except for some vague hand waving about passing the Turing Test.

I work for a company that provides "ai" services in a "boring" domain. The Time saved and accuracy (for a legally audited result) we provide is quantifiable, and when I saw the numbers I was surprised. So while a lot of the "AI" hype is stupid marketing bs, some of us are actually doing real stuff, it's not just parlor tricks. You might also be surprised in how many domains a small improvement has huge yield in terms of raw money and/or quality of life improvements.