The next hype-cycle might not relate to software. I'm thinking of the (smaller, shorter) phase where "nanotechnology" was getting slapped onto everything including laundry detergent.
That and consumer robotics. The latter will explode if (big if) RL and llm reasoning get combined into something solid. Lots and lots of smart people are working on it already of course, we are seeing great improvements but nothing really usable. i think we will finally get to a real hype stage in maybe 3-4 years
Pretty much the entire tech industry has bent the knee by now - they even gifted the new ruler with golden statues. It's not just a handful of people...
Few people have the balls to do the right thing when the risks pass a certain limit. And yet it's most important to do the right thing at the largest scale.