Frankly I disagree that LLMs value is immediate. What I do see is a whole lot of damage it's causing, just like the hype cycles before it. It's fine for us to disagree on this, but to say I'm burying my head in the sand not wanting to accept "the future" is exactly the same hype-driven bullshit the crypto crowd was pushing.
That's why it's what I define as immediate value. It's undeniably incredibly amplifying to me, whether you or others agree or not. No network effect required. It doesn't matter whether I convince anyone else of the value, I can capture it all on my own. Unlike ponzi-schemes like web3 or VR experiences that require an entire shift in everyday life and an ecology of supporting software.
I don't need to convince anyone that LLMs are enabling me to do a lot more. This is what makes this hype different. It has bones. Once you've found a way to leverage it, it's undeniably helpful regardless of your prior disposition. Everyone else can say they're not useful and it rings hollow because it obviously is to me. And thus probably useful to everyone else too.