> Unlike previous hype cycles, the potential value of this one is extraordinary if it’s actually unlocked That sounds exactly like most hype cycles, it's almos

> Unlike previous hype cycles, the potential value of this one is extraordinary if it’s actually unlocked That sounds exactly like most hype cycles, it's almost a tautology that the perceived potential value is immense (at least to enough people). Consider e.g. the hype around "the internet" in early mid nineties, which led to the dot.com collapse. Today the internet has undeniably had a massive impact globally, so the naysayers have been comprehensively proven wrong. On the other hand, the most optimistic views have not begun to come to pass yet (ever?) either. Lots of ideas that were floated in the 90s didn't really work until 10, 15, 20 years later. Some things that are now ubiquitous weren't really conceived of then, etc. etc. As usual, it turned out the technology wasn't the really hard part. So far the current AI cycle seems to be following the usual playbook.