Right, for you it might be more useful. But people still make payments across the world into countries using bitcoin that would be hard to do without, I'd say that is a more world changing use case than an error prone document reformatter.

I am not saying bitcoin is more important overall, I'm just saying that it is fair to put the two on similar levels today, I believe generative AI will ultimately have important use cases, but as they are today that is far from a given.

It is possible that companies will spend hundreds of billions of dollars on electricity and hardware just to come up with stuff that are barely better than we have today, and then it turned out to be a massive big waste poured into overhyped technology.

Could also be that it gets good enough to do a lot of useful stuff worth all that effort, but you can't count on that happening. The main difference is that we today know crypto currencies was a dead end, we don't know that about transformer based generative AI so it makes sense to make that bet, but it could still be a massively overhyped dead end.