AI Will Be Biggest 'Misallocation' of Capital

That might be so but according to the AI pros, humanity's days are numbered, so "The biggest misalocation of capital in the history of humanity" is still correct, even more than correct.

Seriously, what kind of crooks spend trillions on something which they say is going to kill us all? And what kind of media amplifies that utter spending idiocy as something legit?

And why? Most importantly, why?