The main issue with improvements in the last year is that a lot of it is based not on the models strictly becoming better, but on tooling being better, and simply using a fuckton more tokens for the same task.

Remember that all these companies can only exist because of massive (over)investments in the hope of insane returns and AGI promises. While all these improvements (imho) prove the exact opposite: AGI is absolutely not coming, and the investments aren't going to generate these outsized returns. The will generate decent returns, and the tools are useful.