Internet in 1995 had already solved all the problems required to revolutionize the world with cheap fiber optics fiber being laid everywhere, the world just had to catch up to it.
The same isn't true for generative AI today, in order for it to revolutionize the world similarly to how the internet did it still need some more unknown pieces, which you are expecting to happen but it might not. The internet however was already completely solved when it was hyped, very different.
I mean I was there, and it feels similar. The internet was “solved” in the way that transformers “solve” AI. And there were so many unknown pieces for internet business and tech.
The difference between internet and AI is one is mature and the other is nascent. That’s it.
The same isn't true for generative AI today, in order for it to revolutionize the world similarly to how the internet did it still need some more unknown pieces, which you are expecting to happen but it might not. The internet however was already completely solved when it was hyped, very different.