I was placed into the "gifted" program in the 1st grade of elementary school and told for many years that I was somehow special or "very" intelligent.
I never believed them, of course, because of two observations:
1. The adults who were telling me this did a lot of stupid stuff, which undermined the credibility of their claims.
2. Despite their best efforts to insulate us from the normal students, I knew people my age outside of the gifted program who were as clever -- if not even more so -- than my so-called "gifted" peers.
As an adult, I'm glad I never bought their hype. It's a one-way high-speed trip to narcissism, laziness, entitlement, and creepiness.