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Speculative scientists like to make anythign eventually look like our preception of grey aliens, because that's a sexy hypothesis that'll give them attention.  For example:

 

So, yeah alien's could be evolved humans from the future.  Or we could be a seed race of aliens.  Or they could be evolved dinsosaurs that left the plaent before the that meteor hit.  Or they could be demon's trying to test man's faith in a false form.  Or they could actually be from another planet or dimension.  Of course, it could just be a modern form of mythology, people trying to explain the unknown and wanting to beleive in something that ultimately doesn't exist.  I lean towards that answer, but hey, anything is possible.