Earlier quoted context omitted.
Most notably Paul Krugman Nobel winning economist in 98: "By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s." Predicting the future is hard.
Hadn't seen this quote before, amazing. Also goes to show how hard it is to predict anything that is a massive change - these levels of changes are so infrequent that we can't rely on priors to predict the future.
actually, thinking about it more, I wonder if we'll see something similar with LLMs where, the bubble will eventually pop, but the technology won't disappear, and we'll see it quietly improve and integrate further into our lives over time. probably not that wild of a prediction to make, but I do wonder still