The hype over AI Chat searches as well as the "AI is going to take over the world and replace humans" is continuing unabated, and investments into AI are now the only thing left propping up the U.S. economy. I suppose this is the result of having a generation of adults who have now grown up in the "computer age" starting in the early 1980s who are now running the economy with their beliefs in AI and technology. Old school technologists like myself, who watched all of this technology develop, and know better, are having little to no effect in trying to dispel these false beliefs. I have earned my living and built my career on this technology for over 25 years now, but that doesn't seem to matter with this generation. My views on the hype over this "new" AI fad are not unique at all, as many others also share them, but it is much more interesting to state that AI is going to take over the world and replace humans, and that is the view that gets clicks and traffic today, which can obviously be monetized as well. Therefore, the "AI is going to take over the world" view is the predominant view, not because it is true, but because it is more popular and sells more. So I am going to highlight some of the other dissenting voices in this article, and then I am going to show what this "new" AI Chat software is actually doing today, as it has been out in the public for about 5 months now. But if you want the spoiler as to what it is actually doing today with hundreds of millions of users, here it is: It is a disinformation and data collection tool.