We're experiencing the same thing with AI right now, in that the companies are producing shit that promises the moon and the stars, but they're not making actual effort to make a powerful, universal product that can actually be broadly useful. Why do that when you can just release incrementally updated models? Why make a product designed to help you do actual business and work when you can make a machine that is good at entertaining you for a few hours until you get bored? They've been doing this with smartphones and other tech products for years.