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There was the SoLoMo (Social, Local, Mobile) hype train of the late 2000s which indeed came to take over the world as promised. Also the B2B SaaS hype train that Basecamp started in the mid 2010s has taken over as well

The first two moved past the hype and became commonplace, if not mundane. I guess in a decade or two there will be things using web3 principles in a boring way.

You don’t speak Japanese / hang out on Japanese internet?

no, but in other parts of the world, there is no sense that you will imminently a) change the world with some doodad gadget or b) be a millionaire by picking up a startup lottery ticket.

how do you know that if you don't speak other languages and hang out in their spaces?

No. But my AI will hang out on the Japanese internet for you.