I'm reading your comment as "[AI is] Not yet [an existential threat], anyway". If that's inaccurate, please clarify, OK?
With that reading in mind: I don't think that the current developments in machine "learning" lead towards the direction of some hypothetical system that would be an existential threat. The closest to that would be the subset of generative models, that looks like a tech dead end - sure, it might see some applications, but I don't think that it'll progress much past the current state.
In other words I believe that the AI that would be an existential threat would be nothing like what's being created and overhyped now.