IMO, the backdrop to all of this is global warming. We're seeing so many warning signs and growth stagnating that governments need something, ANYTHING, to prop up their debt fueled economies and keep the music playing. In the face of impending GDP/population contraction due to global warming and the upcoming breadbasket collapses, GenAI isn't going to do shit for us. All of the money and effort being spent on it is money that could be spent on figuring out how to give our kids a glimmer of hope.