"there’s a soft moratorium on showing scary new capability" Yes. There is also the Hype of the "End of the Hype Cycle". There is Hype that the Hype is ending.

"there’s a soft moratorium on showing scary new capability" Yes. There is also the Hype of the "End of the Hype Cycle". There is Hype that the Hype is ending. When really, there is something amazing being released weekly. People are so desensitized that just because we don't have androids walking the streets or suddenly have Blade Runner like space colonies staffed with robots, that somehow AI is over.