This does rather remind me of how in the 80s we had a big boom in AI research, fueled in part by the development of new & expensive tools that everyone just had to have. And then it dissipated just as quickly when the companies who were pouring money into it started expecting to see a return on their investment.
Feels different now when the value of AI isn't just theoretical. Anthropic has like $80B ARR, and AI has really only transformed tech and a few limited spaces so far.