But what it definitely cannot do is seek new abstractions. It can't be curious about an inconsistency and probe its own knowledge for possible resolutions, or design an experiment that might shed further light in an unknown area. It can't even play a board game after ingesting the rules to it, much less identify contradictions or problems in such a ruleset. And a board game is a tiny microcosm compared with the laws of physics.
It's conceivable that one or more scientists could work in conjunction with an AI to help augment their own abilities, co-pilot style, but I don't think we have a picture yet of what exactly that kind of thing would look like.
Thinking of mathematics, an abstraction is only as valuable as what it can tell us about the underlying system— a laplace transformation into the frequency domain isn't particularly interesting unless we either a) happen to care about some frequency domain property of the function, or b) we can manipulate the transformed function and then un-transform it afterward, yielding a novel insight in the original time domain.
My layman's assessment is that the current state of the art for machine cognition is about on the level of identifying that such a transformation might be possible, but not actually applying it or doing anything about it, much less unapplying it afterward.
Maybe we disagree about whether that last point means it can meaningfully “do abstraction” or not.
GPT3 can regurgitate, and, in my opinion, even use knowledge, but I don't think it can synthesize knowledge.