So true.
With LLMs, I can think of a few realistic and valuable applications even if they don’t successfully deliver on the hype and don’t actually shake the world upside down. With blockchain, I just could never see anything in it. Anyone trying to sell me on its promises would use the exact words people use to sell a scam.
No, it wasn’t like that. Remember that while computer technology was fairly mainstream, it wasn’t nearly as engrained into our lives as today. So people were talking about a worst-case scenario that involved technological things: potential power outages, administrations maybe shutting down, some public transportation maybe shutting down, … To me, it felt like people were getting ready for being potentially majorly inconvenienced, but that they weren’t at all freaking out.
I do remember the first few days of January 2000 felt like a good fun joke. “All that for this!”