I remember the same doom cycle during my PhD when GPT 4 came out [1,2]. It seemed like everyone in NLP was freaking out except me. A few years later and new CS PhDs are still graduating and joining academia and industry. Much ado about nothing.

Considering I currently live in Ithaca and have a friend doing a Math PhD, so I've heard from him some of the discussions in the department. I think the biggest shock for people is that individuals spent significant portions of their time on some of the problems that OpenAI supposedly solved (I say supposedly because all of the proofs have yet to be independently vetted). I understand that it's a shock, but I'm confident that in time it will be no more of a blip than it was for NLP.

[1]: https://xxcancel.com/mayhewsw/status/1636476184098643968

[2]: https://xxcancel.com/andriy_mulyar/status/163613925780582809...