But LLM is certainly a game changer, I can see it delivering impact bigger than the internet itself. Both require a lot of investments.
LLMs are being driven mostly by grifters trying to achieve a monopoly before they run out of cash. Under those conditions I find their promises hard to believe. I'll wait until they either go broke or stop losing money left and right, and whatever is left is probably actually useful.
You'll note I don't mention AGI or future model releases in my annual roundup at all. The closest I get to that is expressing doubt that the METR chart will continue at the same rate.
If you focus exclusively on what actually works the LLM space is a whole lot more interesting and less frustrating.