the tragedy in this is the people who control the money - VCs etc - and people who ask for money are all from the same backgrounds - typically white & Ivy educated. Groupthink.
hence it's a vicious self-deluding bubble that has massive reinforcement. likewise the talent/capital that could be going to useful impactful opportunities in society doesn't.
hence we get money & labor being pumped into non-problems and solutions seeking problems like LLMs and the massive propaganda going into it as if the propaganda is going to cause behavior change.
which is why diversity of thought, experiences, culture is very important.