The "iPhone moment" gets used a lot, but maybe it's more analogous to the early internet: we have the basics, but we're still learning what we can do with this new protocol and building the infrastructure around it to be truly useful. And as you've pointed out, our "bandwidth" is increasing exponentially at the same time.

If nothing else, my workflows as a software developer have changed significantly in these past two years with just what's available today, and there is so much work going into making that workflow far more productive.