I'm starting to feel like this AI gold rush is a case of the emperors new clothes, where nobody is willing to call bullshit on the actual utility of any of this, because they're too caught up in the hype. Is this Web 4.0?
A lot of the hype relates to the unexpected advance in capabilities, combined with the fact that this is now easily available to everyone through multiple channels. It has limitations, sure, but it’s still usable right now for many purposes, and as GPT-4 shows, it’s improving fast.
That’s another aspect of the hype: it’s not just about what this tech can do today, it’s about what might be coming in the next few years now that this cat is out of the bag.