Depends on what you call "overhype".

Wishful mnemonics in the field was called out by Drew McDermott in the mid 1970's and it is still a problem today.

https://www.inf.ed.ac.uk/teaching/courses/irm/mcdermott.pdf

And:

> As a field, I believe that we tend to suffer from what might be called serial silver bulletism, defined as follows: the tendency to believe in a silver bullet for AI, coupled with the belief that previous beliefs about silver bullets were hopelessly naive.

(H. J. Levesque. On our best behaviour. Artificial Intelligence, 212:27–35, 2014.)