Exactly.
AI, as a term, was coined in the mid-50s by a computer scientist, John McCarthy. Yes, that John McCarthy, the one who invented LISP and helped develop Algol 60.
It’s been a marketing buzzword for generations, born out of the initial optimism that AI tasks would end up being pretty easy to figure out. AI has primarily referred to narrow AI for decades and decades.
Three year olds aren’t all that smart, but they learn in a way that ChatGTP 3 and ChatGPT 4 don’t.
A 3 year old will become a 30 year old eventually, but ChatGPT 3 just kinda stays ChatGPT3 forever. LLMs can be trained offline, but we don’t really know if that converges to some theoretical optimum at some point and how far away from the best possible LLM we are.