I think it’s probably as simple as some old fool on Sand Hill Rd got suckered into writing a check for this nonsense with promises of world domination by AI’s promised infinite profit with minimal cost. And to keep the whole charade going, everyone has to pretend that this will eventually see some returns otherwise the whole farcical system will come crashing down. We can only hope that happens and some correction rears its head.

The end result being all of us suffers in some way for the greed of a handful.