I'm also a skeptic, but for a slightly different reason. There are currently two types of business use cases that seem to be the focal point of this generation

I'm also a skeptic, but for a slightly different reason. There are currently two types of business use cases that seem to be the focal point of this generation of AI. 1) Tooling. This one I think will probably bear fruit. It will likely result in huge productivity gains (I mean, it already has for me). But i don't know if it will result in a paradigm shift. 2) Agents. This is where most of the hype is focused. The idea is that you can cut humans out of the loop. If doable, this would be revolutionary. But from what I've seen, the currently technology is not likely to do this. The reason is that agents that are required to perform a long series of independent actions without human intervention can fall victim to an accumulation of small errors that occur in each step. This kind of "snowball effect" will often result in complete garbage being produced. As a result of point two, I think a lot of the new AI products are likely to fall flat. And as this happens, the hype/funding will dry up pretty quickly. All the same, I think this will have more positive economic outcome than all the crypto stuff did.