In its attempt to respond to a prompt, it has been known to manufacture information.
One reason I don't think excellent writers shouldn't fear being replaced by chatbots is that chatbots alone can't make an emotional connection with a reader by sharing life experiences.
Business owners are often afraid to increase their prices or billing rates. They're afraid they'll lose all their customers if they increase their prices or billing rates. They also feel sorry for their customers during economic hard times.
People like to do business with other people, not with institutions.