>and how they only seem to be happening faster and faster.
Eh, isn't that what the technological singularity people would say would happen?
Way back in the day I'd hear people go "oh the internet won't amount to anything, it's just a fad", and while I didn't know what the internet would become, I believed they were totally wrong. The internet was very useful.
Back in the very early days of bitcoin, back when I thought it was potentially useful but that people was highly confused if it was going to escape regulatory issues. When the bitcoin hype cycle started I knew people that knew nothing about blockchain were spouting dumb shit and that it would eventually end in a bust. Now, in my typical fashion I underestimated how dumb people can be on things like this and didn't keep the few bitcoins I had back in the early days and lost access to them missing out on a few hundred thousand dollars at the peak.
When looking at the different GPT-like models coming out I actually see useful products that can be made from technologies like this. For example there is one on the front page called 'universal summarizer' that can take a large body of text and turn it into a small and seemingly accurate summary. That is worth something for sure. The ChatGPT is presenting useful information to some of its users too. The biggest question about it's long term success is cost of operation. If that drops over time then GPT and whatever comes after that will be here to stay no matter what you think about hype cycles.