I think it's a worthy simplification that sums up the current state of things well. We have AI that broadly has different uses and then we have the ChatBot/ChatBot derived AI applications. The market is not going insane over the broader AI category. Executives are not tripping over themselves to say things like machine vision is going to replace all labor, or at least all white collar labor. The chatbot is the only thing in the conversation of consequence.

All the "everyone says AI is the reality, so everyone feels like they must say AI is the reality" refers to this specific category. It might be veering towards being oversimplified, but it's trying to balance a perspective that is also oversimplified. Generally, we aren't good at weighing simple straightforward takes against complex nuanced takes, so you have to "net it out" to have any hope of the point landing.