What if you are underestimating some qualities of our intelligence and how efficient they are physically, and underestimate how much less the hardware / tech st

What if you are underestimating some qualities of our intelligence and how efficient they are physically, and underestimate how much less the hardware / tech stack is in comparable efficiency? What if the bottleneck is physical chips and data centers and power and only so much can be squeezed out of algorithms? What if AI seems more impressive than it is, because the things it is good at happens to be hard for us, and it's hard for us because it's new to us (processing lots of abstract information), but the things that we are good at (manipulating physical world) are objectively orders of magnitude harder?