Very true! From where I sit, most of the hype cycles were overestimated in the short term & underestimated in the long term: world wide web, mobile, big data, autonomous cars, AI, quantum, biotech, fintech, clean tech, space and even crypto.
It's a bit weird to claim that "quantum", autonomous cars, and crypto are "underestimated". If anything they've been overhyped and totally failed to deliver actual value.
Underestimated in the long term. It's become clear that the time constant for deep-tech innovation & adoption doesn't match the classic VC-backed SaaS adoption curve.
We're nearing general quantum supremacy for practical jobs within the next 5 years. Autonomous cars are now rolling out in select geographies without safety drivers. And crypto is literally being pushed as an alternative for SWIFT among the BRICS, IMF, and BIS as a multi-national CBDC via the mBridge program.
