Chatgpt dropped in 2022, which means LLM based AI is like 4 years old. I think it's undeniably improving constantly, in some cases noticeably so. Sure there is argument to be made over the improvement velocity (is improvement slowing?).

So what argument is there to be bearish on it when it is in infancy? If you just want to go with "the quality sucks" well, sure, but it sucked a lot more two years ago, which means it sucks a lot less today, and in 2 more years, it will suck even less. I'd use different adjectives personally, cause I find it's pretty decent now (opus 5.5) and i'm pretty optimistic about what comes next.