I think the mistake is that in the media it is extrapolating linear growth but in practice it is a wobbly path. And this wobbly path allows anyone to create whatever nearrative they want.

It reminds me of seeing headlines last week that NVDA is down after investors were losing faith after the last earnings. Then you look at the graph and NVDA is only like 10% off its all times high and still in and out of the most valuable company in the world.

Advancement is never linear. But I believe AI trends will continue up and to the right and even in 20 years when AI can do remarkably advanced things that we can barely comprehend, there will be internet commentary about how its all just hype.