I think the real scandal is that we are almost 3-4 years into this (I think the release of GPT 3.5 is a good marker of when this public frenzy started) and all we’ve seen is OpenAI and the other major AI frontier companies constantly retracting their preposterous claims every time. We appear to have reach a local maxima in that it has some value in places that tend to be a little easier to scope and limit (computer programming, mathematical proofs). So, given the actual useful economic value this has provided, does this justify the investments? I think we are approaching 1 trillion in CapEx for AI [0]. For context, I believe the annual GDP of Norway is $600 billion.
[0] https://www.fool.com/research/ai-companies-spending-on-data-...