It's gonna be Chatbots / NFTs all over again.
Eh, this feels different. There are some immediate utilities delivered from ChatGPT and Midjourney that feel like magic. Will they get over hyped? Sure. But is there a real kernel of something different there? I think so. Chatbots were just a worse way to fill out a form. NFTs we’re…where to even begin. But I’ve already used GPT to write thank you note and create a blog post, and I’ve used midjourney to create stock…
Neither of those are searching for information, though, which is a very different use case.
If 95% of the time GPT writes a great thank you note, that's very useful. If 95% of the time Midjourney gives me a good stock image, that's great! If 95% of the time GPT gives me a correct search result, that's horrible, because I now have to fact-check every time I do a search; I can no longer trust the output.
Unfortunately Microsoft didn't realize this and may have just bought itself a $10 billion parlor trick machine.