And the same can be said for AI exuberance.
Yes, LLMs are a great technology. Yes, we will probably all use them all the time in 20 years. No, we don't know how we will use them (to generate cat memes or to cure cancer) in 20 years time.
Especially for software developers it looks increasingly that after huge turmoil it's likely we will need +/- the same number of developers in the world.