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In general, AI is good at solving many hard problems that have defied classical algorithmic approaches. This enables automation of problems where it's previously not been feasible and opens the door to greater optimization in areas that already were automated or semi-automated (e.g. chip placement & routing).

That's not speaking specifically of chatbots, but just AI in general. Chatbots & other generative AI are a whole other subject, due to significant downsides they pose. AI is a little bit less of a "pure win" in that area, at least right now. If you had a chatbot that was at least as good at a human expert and could do additional research to further bolster its answers in much less time than a human could, that's definitely a game changer.

Think about this: before the internet and internet search engines came along, you probably thought "everything was great". However, after having the internet and the benefit of search engines (esp. after Google came onto the scene), I doubt you'd want to go back. That's the potential chat bots hold. How long it'll take for them to reach that level of maturity is another question.
I would not mind going back, going to the library to search indexes and retrieve the physical books. Because I went to school prior to calculators being wide spread, I can calculate many things in my head where the current generation has no clue.
Sometimes those old skills come in handy...
 
I would not mind going back, going to the library to search indexes and retrieve the physical books. Because I went to school prior to calculators being wide spread, I can calculate many things in my head where the current generation has no clue.
First of all, I also learned Dewey Decimal System and how to use a physical card catalog. I'm well into the post-calculator generation, but I was certainly taught arithmetic and learned how to use a slide rule.

With that said, it's telling that you implicitly admitted that you don't check out paper books from the library. Therefore, you must ascribe some value to the fact that you no longer need to.

I actually still prefer to read paper books, for what it's worth. Earlier today, I spent a couple hours reading two different books, in fact. I don't visit my library, because I can look up simple things online and I have come to feel that if a book is worth my time to read, then I might as well own a copy so I'm not rushed and I can refer to it whenever I like. So, I just buy it, which is also more convenient for me.