After the crash, tech "industry leaders" will struggle to explain why/how they were conned into believing that intelligence was a simple database function with some probability and statistics sprinkled on top.
Are we there yet?
Those talking heads haven't had to mea culpa for : Hype about Hadoop, hype about blockchain, hype about no code, hype about the previous AI bubble, hype about "agile", hype about whatever JS script is popular this week, etc.
There're a lot of business discovering its benefits now, companies will continue building things over it.
you could say "it's just matrix multiplication"; but then quantum mechanics (and thus chemistry, biology, and everything on top of that) is just linear algebra
/s
Nobody has said they're simple databases, they would obviously be complex databases.
In engineering school, it was easy to spot the professors who taught this way. I avoided them like the plague.