There will be a shakeout - but the Deepnet boom is useful because there are several other significant technologies that have been produced since the late 80's w

There will be a shakeout - but the Deepnet boom is useful because there are several other significant technologies that have been produced since the late 80's which are ready for mainstream adoption: answer sets, tractable bayesian reasoners (MCMC), SAT solvers.. and one of the technologies that enabled deep nets has enabled these massively : big data. And now streaming systems are mainstream they are enabling for another raft of applications using AI.