Like say, treating a program that shows you the next most likely word to follow the previous one on the internet like it is capable of understanding a sentence beyond this is the most likely string of words to follow the given input on the internet. Boy it sure is a good thing no one would ever do something so brainless as that in the current wave of hype.
It’s also definitely becuse autocompletes have made massive progress recently, and not just because we’ve fed simpler and simpler transformers more and more data to the point we’ve run out of new text on the internet to feed them. We definitely shouldn’t expect that the field as a whole should be valued what it was say back in 2018, when there were about the same number of practical uses and the foucus was on better programs instead of just throwing more training data at it and calling that progress that will continue to grow rapidly even though the amount of said data is very much finite.