The current hype cycle indeed reminds me a lot of cryptocurrency. I think there is more substance to generative AI, but the dynamic of wading through all the hype trying to figure out what is and what isn't substantive is giving me deja vu.
Fair but I don't think Cursor is one of those. I'm not using it myself but I've heard a lot of praise. What they're innovating on is the UX where the diff gets integrated into your code in real-time. It's like watching someone fix or change your code per your instructions, instead of using ChatGPT where you basically copypaste it after it's done.