[Cthulhu_]

Both smartphones (and tablets, and smart watches) and the internet went through the hype cycle [0], and the sentiments I've been reading lately indicate AI is in the "trough of disillusionment" right now. That said, I don't believe AI will ever reach the heights (i.e. the measurable ones, how much it penetrates our lives, how much money goes into it) as either smartphones or the internet had. Probably higher than VR / AR, but nowhere near the other ones.

[0] https://en.wikipedia.org/wiki/Gartner_hype_cycle

[johnecheck]

It will of they can actually make it think better than we do. Whether they ever will is hard to say, but it feels pretty clear that throwing more money at LLMs isn't going to get us there.