It's the same story again like exaggerating the influence of IoT 5 years ago. The whole thing is exaggerated to raise money from investors and attract customers instead of actually buidling superior product
It's 99% marketing and places like HN and reddit eat it up and try to hype it up even more. When you confront these characters about the basis on which they claim AI will solve whatever problem or evolve to whichever point, they only reply "it'll only keep getting better (given time, data, resources, brains, etc)"
It's a buzzword people brainlessly use to fetishize technological progress without understanding the inherent limitations of the technology or the actual practicality and real-life results outside of crafted demos or specific problem domains (for example Alpha Go beating a grandmaster has almost no bearing on a problem like speech cognition).
It's turned me off a lot from reading about advances in the field because I know like a lot of science releases that most of it is empty air that won't really have bearing on the actual software I use (I've watched the past two Google's I/O where pretty much every presentation mentions AI, but the Android experience still remains relatively stale).