5% succeeding is abysmal for an industry where a trillion dollars or more is invested in.
And that’s ignoring the rampant copyright infringement, the exploding power use and accompanying increase in climate change, the harm it already does to people who are incapable of dealing with a sycophantic lying machine, the huge amounts of extremely low quality text and code and social media clips it produces. Oh and the further damage it is going to do to civil society because while we already struggled with fake news, this is turning the dial not to 11 but to 100.
Sure, it can do plenty of harm, but it doesn't mean that AI pullback has officially started or that it won't bring in the ROI for the investors.