Isn’t that the same bet that famously profitable companies like Uber did in the ride share market?
It worked out for Uber, they are wildly profitable now after spending a decade losing money.
Also worked out as Amazon managed to outlast all the dotcom era e-commerce competitors while being unprofitable.
Uber have a 10% margin, which is definitely not what I'd consider wildly profitable. (Their post tax numbers look better, because of accumulated losses).
Over 14 years, Uber burnt ~31 Billion dollars and in nearly whereas the amount invested within AI seems to be within Trillions at this point and in near future with a product which doesn't have much moat and shaky financials on profit.