2 main problems with this article: one it's fundamentally asking for something impossible, and two for the part that _is_ possible it's using the wrong tool for the job.
It's not possible to magic details into existence that weren't there. So if you think a color was wrong, well, that is not something that can be solved other than by using a time machine or finding a separate reference picture. Any human restoration artist would be doing the exact same thing of guessing the color.
The second problem brought up is that ChatGPT is willing non-color details into existence that aren't in the original picture (eyebrows etc). For this it's simply that the public ChatGPT image generator wasn't made for this task. You'd have to build a custom harness but I'm sure it can be done.