Agree. I suspect that this is the short/medium term application for this tech.
One basic but effective demonstration I’ve seen was summarising a 30 minute talk on YouTube into dot points.[1]
I watched the video and read the summary afterwards and was almost completely satisfied with the summary.
At scale, the flexible compression and expansion and navigation of information is potentially huge … like Google Maps for the internet.
[1]: https://gist.github.com/simonw/9932c6f10e241cfa6b19a4e08b283...