The way it was described to me by some academics is that it’s useful…but only as a “research assistant” to bounce ideas off of and bring in arcane or tertiary concepts you might not have considered (after you vet them thoroughly, of course).

The danger, as described by the same academics, is that it can act as a “buddy” who confirms you biases. It can generate truly plausible bullshit to support deeply flawed hypotheses, for example. Their main concern is it “learning” to stroke the egos of the people using it so it creates a feedback loop and it’s own bubbles of bullshit.