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Right now, the state of the art appears to be that LLM's are far more expensive to run than humans for many tasks. So, yeah, it is a lie.
There are uses for specialty AI that seem to work well, but they are usually bespoke for a certain task.
I expect that, if AI is used in 2027, it is going to be used with a lot more intent in targeted uses. I also expect some companies are going to realize it is better to fully control their own AI on their own hardware than to use a more state of the art AI which will use all their data as training data.