> I would strongly argue that coding assistants are AI’s first killer app. Copilot, Cursor, Windsurf etc.

These IMO are relatively useful things. But probably (in their current state) will not justify the valuation of the companies involved and the massive investment occurring right now.

I don't know how the future will unfold. I do think it is reasonable to be somewhat bearish on what has been promised vs. what has been released.