I think this is a good observation of the past, but applying these patterns to AI is like when people applied them liberally to cryptocurrency and claimed it would replace the internet protocol, which was a certain kind of exuberance of the ill informed.
IMO they are the same, they make certain things easier than they used to be. Not everyone needs to make transactions without a bank looking over their shoulder, and I don't personally know anyone whose life is changed by being able to type 100x faster (or conversely, produce summaries 1/100th the length of the input)
I continue to try applying small models to tasks life producing structured data from unstructured (using lmstudio's schema parameter) and it's really neat that I can extract data from work emails, but every once in a while it will hallucinate a new phone number when the one I needed was in the prompt, so it still hasn't met the kind of reliability I want in order to actually automate stuff where dollars are on the line
