I’m not sure that’s the case even if in retrospect we can clearly argue this

In 1998, Paul Krugman, winner of the Nobel memorial prize in economic sciences, infamously predicted that “the growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’—which states that the number of potential connections in a network is proportional to the square of the number of participants—becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s” [1] and even though that turned out to be spectacularly wrong it shows the attitude in the early days wasn’t one of absolute certainty.

And certainly the current AI boom is most visibly known for LLMs but there is a lot more happening beyond chatbots.

[1] https://www.snopes.com/fact-check/paul-krugman-internets-eff...