It has value in natural language processing, like turning unstructured natural language data into structured data. Not suitable for all situations though, like situations that cannot tolerate hallucinations.
Its also good for reorganizing information and presenting it in a different format; and also classification of semantic meaning of text. It’s good for pretty much anything dealing with semantic meaning, really.
I see people often trying to use generative AI as a knowledge store, such as asking an AI assistant factual questions, but this is an invalid usecase.
“So anyway, here take a billion dollars worth of bombs”