The “store on the chain” thing turned out to be a fad in terms of technology, even though it made a lot of money (in the billions and more) to some people via the crypto thing. That was less than 10 years ago, so many of us do remember the similarities of the discourse being made then to what’s happening now.

With all that said, today’s LLMs do seem so provide a little bit more value compared to the bit chain thing, for example OCR/.pdf parsing is I’d say a solved thing right now thanks to LLMs, which is nice.