Share your experience!
I face this issue whenever I turn on the "Wifi hotspot and tethering" toggle from the quick settings. I indeed get the same warning.
However, I didn't have a problem in connecting my laptop to the internet either, through phone's internet.
What I did is, connected my phone to computer through USB cable, went to phone's settings > more > tethering and portable hotspot > turn on USB tethering ( and turn off any other type ) > enable mobile data.