How To Change A Class Component (input, Conditional) To Functional Component With UseState - Hook?

I'd like to change a working class component into a functional component. It's basically an input field that should:

1) Dynamically display/Mirror whatever you enter (see the h1 below the form) 2) Show "no data provided" if nothing entered

The error message says "Failed to compile ... unexpected use of "event""

import React, { useState } from "react"

function Exercise2() {
    const [input, inputChange] = useState({firstName: ""})

    const handleChange = () => {
        inputChange({[event.target.name]: event.target.value});
    }

    let display
    if (useState.firstName != "") {
        display = useState.firstName
    } else {
        display = "no data provided!"
    }

    return (
        <div>
            <form>
                <input
                    type="text"
                    name="firstName"
                    placeholder="Enter your data here"
                    value = "input.firstName"
                    onChange = "handleChange"
                />
            </form>

            <h1>{display}</h1>
        </div>
    )
}

export default Exercise2

Can someone point out what I am missing (without altering the code structure too much since I want to stick to my beginners logic). Thx

PS: this was my class component which worked perfectly and that I am trying to translate

class Exercise1 extends React.Component {

    constructor() {
        super()
        this.state = {
            firstName:""
        }
        this.handleChange = this.handleChange.bind(this)
    }

    handleChange (event) {
        this.setState({
            [event.target.name]: event.target.value
        })
    }

    render() {
        let display
        if(this.state.firstName != "") {
            display=this.state.firstName
        } else {
            display="no data provided!"
        }
        return (
            <div>
                <form>Input: 
                    <input 
                        type="text" 
                        name="firstName" 
                        placeholder = "Enter your data here!"
                        value={this.state.firstName}
                        onChange={this.handleChange}
                    />
                </form>

                <h1>{display}</h1>              
            </div>
        )
    }
}

So, the key things are:

1) Not placing the variable/method names in curly braces

value={input.firstName}
onChange={handleChange}

2) Not including an event arg in your handleChange method:

const handleChange = (event) => {

Here I've corrected those problems and also changed how the display is being rendered to make it more "React-like".

const { useState } = React;

function Exercise2() {

  // Here you're setting state and assigning an object to it with
  // once property: `firstName`
  const [ input, inputChange ] = useState({ firstName: '' });

  const handleChange = (event) => {

    // The click event has been passed in.
    // `target` is the element that's been clicked. We're just grabbing the name and
    // value from it. We're assigning the name `firstName` as a dynamic property key name
    // (we wrap it in square braces), and assign the value to it. We do that because we want to
    // update the `firstName` property in the state object.
    // Because state is an object (and we might eventually have other properties in there
    // that we want to keep when we update this value) we return an object containing all
    // the properties of input, and the new dynamic property
    inputChange({ ...input, [event.target.name]: event.target.value });
  }

  // `input` is an object with a firstName property.
  // We can destructure the `firstName` property from the state to make
  // it easier to work with
  const { firstName } = input;
console.log(input)
  let display;

  if (firstName.length) {
    display = firstName;
  } else {
    display = "no data provided!";
  }

  return (
    <div>
      <form>
        <input
          type="text"
          name="firstName"
          placeholder="Enter your data here"
          value={firstName}
          onChange={handleChange}
        />
      </form>

      <h1>{display}</h1>
    </div>
  );
}

ReactDOM.render(<Exercise2 />, document.getElementById('root'));

<script src="https://cdnjs.cloudflare.com/ajax/libs/react/16.8.4/umd/react.production.min.js"></script>
<script src="https://cdnjs.cloudflare.com/ajax/libs/react-dom/16.8.4/umd/react-dom.production.min.js"></script>
<div id="root"/>