Besides, what are we going to do, not develop it? Just abandon the whole technology? That's nonsense.

As someone who knows a substantial amount about how LLM's actually work:

• I'm delighted that AI companies are developing this technology.
• I'm annoyed, but not angry, that phone and PC makers are developing this technology. I don't want it, yet. I'll probably appreciate it when they get it right. (I'll wait for the version that ships with Debian, because that's the only OS maker whose AI I would trust not to be deeply invasive to my privacy.)
• I'm irritated that car companies, real estate investment companies, web browser developers, stock traders, and everyone else who was "all-in" on virtual reality two years ago, is making a lot of noise about developing this technology. They don't hire the necessary talent, and their results are shit. Real investment returns require real investments, which these hype-followers haven't proven capable of.