To your second point, it seems like every time a significant practical limitation is identified, it goes through a familiar pattern. It gets a news cycle, and then it gets a wave of confidently incorrect opinionating, and the problem gets treated as if it's a permanently built in problem that's baked into the foundation of AI. And then time passes and the issue is either mitigated or circumvented entirely.

Hallucinations are one, "AI can't scale anymore" is another (remember that one?), limited context windows, strawberry problems, glue on pizza, sycophancy.

I don't want to say there's no problems, there are very serious ones. User psychosis, economic harms, alignment, cost of computer components, etc. But there's a lot of false positives that get turned into Ed Zitron articles along the way.