This is what it looks like to me too. Except I do think the tools are significantly more useful than in previous cycles. But I do think the hype cycle model is

This is what it looks like to me too. Except I do think the tools are significantly more useful than in previous cycles. But I do think the hype cycle model is the right one. And I find it super odd that people keep jumping to the AGI thing. I honestly struggle mightily to see what they're seeing in gpt-4 that makes them feel like we're on the brink of a general intelligence.