One main reason is that I think people underestimate how much work OUR brains are doing when we interact with LLMs. It seems like the initial "wow" has worn off for many people, but definitely not everybody.
For coding, people will get stuck in loops, trying to get LLMs to modify LLM-generated code
And I think the market will cool down, which seems inevitable considering Nvidia's stock price (I'm a shareholder), and the fact that they seem to be the only ones really making money
If you compare Google after 8 years (2004) to OpenAI after 8 years (2023), the business is uh very different