For me it's mostly about the subset of things that LLMs suck at but still rammed in everywhere because someone wants to make a quick buck.
I know it's good tech for some stuff, just not for everything. It's the same with previous bubbles. VR is really great for some things but we were never going to work with a headset on 8 hours a day. Bitcoin is pretty cool but we were never going to do our shopping list on Blockchain. I'm just so sick of hypes.
But I do think it's good tech, just like I enjoy VR daily I do have my local LLM servers (I'm pretty anti cloud so I avoid it unless I really need the power)
It's not really about the societal impacts for me, at least not yet, it's just not good enough for that yet.