I believe the analogy of a LLM being "a very complex encyclopedia with an interesting search interface" to be spot on.
However, I would not be so dismissive of the value. Many of us are reacting to the complete oversell of 'the encyclopedia' as being 'the eve of AGI' - as rightfully we should. But, in doing so, I believe it would be a mistake to overlook the incredible impact - and economic displacement - of having an encyclopedia comprised of all the knowledge of mankind that has "an interesting search interface" that is capable of enabling humans to use the interface to manipulate/detect connections between all that data.
However, I would not be so dismissive of the value. Many of us are reacting to the complete oversell of 'the encyclopedia' as being 'the eve of AGI' - as rightfully we should. But, in doing so, I believe it would be a mistake to overlook the incredible impact - and economic displacement - of having an encyclopedia comprised of all the knowledge of mankind that has "an interesting search interface" that is capable of enabling humans to use the interface to manipulate/detect connections between all that data.