I think currently in the industry we are stuck in a hyper pragmatist, "value extraction" holding pattern and there is going to be a next generation of applications at some point that will be, at least partially, enabled by some of the advances discussed here.
In my mind at least, the actual "web3" or the next major generation of applications is not going to be this goofy decentralized blockchain gimmick factory.
It will consist of AR applications that you literally "wear" and let them enhance your reality in physical space, in real useful ways.
These applications will have a whole other level of latency and stability requirements because when they are quite literally in your face the user is going to have increased sensitivity to any latency or jitter.