These improvements are showing that we're producing plenty so that the cost is driven down and distributed to wider and wider portions of humanity.
But my personal observations of AI is that it's producing more and more of the same stuff and not moving the front forward much. The human innovation and invention seems to be lost.
That's not quite the case. Effort and focus by amazing groups, governments and individuals are the reasons for improvements, not just that producing more or costs being driven downwards.
Innovation with AI is happening as well, but it obviously will need more time. It's already being used to diagnose tumors and disease earlier in the process, which will improve outcomes for patients, but obviously it's going to take time to see the results of those efforts.
I think of AI (especially self hosted) as the most helpful computer assistant that can do things I otherwise wouldn't dedicate time to do. I have a massive media library that is a mess of naming conventions and want to clean it up. Writing specific scripts and processes for doing that is possible, but I don't want to invest the time. Or I can ask the local Qwen model to go through and do it for me with a single prompt, "Please rename these files in each folder following this specific format, and when needed access this local service to look up the additional information needed" and then extend that to when I dump new media in, it's automatically organized and renamed. Works pretty darn well and I spent a whopping 5 minutes getting it going, rather than the hours of writing scripts and doing it by hand.