Progress is not as fast as some people believe. Shortly after the ChatGPT launch, I quickly heard discussions about what it would really take to make LLMs work in real products and processes. The agentic solutions that are now coming to fruition match the visions I heard expressed at that time.

From my perspective, we spent 3 years to move from ideation to reality. That isn't terribly fast. But having gotten there, exponential growth is now possible... but it will not be universal. It will be the same as any other new product that finds a market: specific solutions will be built and some will take off like a rocket, when the PMF is there. But the idea that any AI-based product will do so is a myth.