It‘s a collective psychosis. There is not other explanation.
The thing with language models is they are tailor made to fool managerial types into thinking it’s the holy grail.
Just like many managers, the appearance of productivity is all that counts. And LLMs shine at giving the appearance of having solved all of the managers problems, and all they have to do to use it is spend on tokens.
This isn’t to say that LLMs aren’t truly useful, they absolutely are. But they’re very nature is one of simulating intelligence through next word prediction.
The chat modes and models are by their nature supremely attractive to management layers, because they give answers that sound so damn plausible even when they are complete fictions, and uttered with such confidence how could they be anything but the singularity.
Everyone is falling over themselves out of FOMO.