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You know very well that that's not what GP is referring to. Speech to text, natural language translation, recommendation, and computer vision are all very useful things, but also were very much real and in consumer hands long before the current hype cycle.
Generative AIs are in their hype cycle. IMO the tech is overhyped to hell and back, but it will still probably yield better results than Crypto, there are legitimate uses for it. But those uses need to be ok with an 80% correct solution, which is not sufficient for all the things LLM hypelords are saying they can be used for and there is no path forward for closing that 20% gap.