Why is that the counter-narrative? Doesn't it seem more likely that it will contine to gradually improve, perhaps asymptotically, maybe be more specifically trained in the niches where it works well, and it will just become another tool that humans use?

Maybe that's a flop compared to the hype?

For any bet that involves purchasing bits of profits you you could be right and lose money because because the government generally won't allow the entire economy to implode.

By the time a bubble pops literally everyone knows they're in a bubble, knowing something is a bubble doesn't make it irrational to jump on the bandwagon.

The answer (as always) lies somewhere in the middle. Expert software developers who embrace the tech whole heartedly while understanding its' limitations are now in an absolute golden era of being able to do things they never could have dreamed of before. I have no doubt we will see the first unicorns made of "single pizza" size teams here shortly.