AI is important and will change the world (it already has).
But most of it's proponents are foolishly speculating that it will advance at a significant rate, rather than stagnate where it is now.
There will be minor advances in it, but the truth is the upgrades we have seen over the past couple of years are entirely incremental changes brought about my massively expanding processing power, memory and database creation.
There have been NO revoltionary advances. None. It is not growing.
We are discovering ways for us to use it, not expanding it's capabilities.
AI hallucinates. AI can easily be tricked by a devious human to violate the rules it was created with. AI lies about it's own reasoning. Like any other computer program, it can do math really really well and most humans do not realize how many things are just math.
But it does not do a whole bunch of things, including ethics, morality, and be trusted.
Like other forms of computer programming, to get the most out it you need a human in the loop. It helps to automate certain tasks, but cannot be trusted to do them by itself.
AI is not an Industrial Revolution, it is more like the invention of rubber. Important and will become wide spread, but ultimately just a single invention that, while helpful, will not continue a process of advancements. It will just take us humans a few years to figure out all the ways we can use it, rather than become an essential part of everything.