

I think it’s simpler than that. I think the AI snake oil sales people realized that corporate executives want to give themselves bonuses. And if you propose this magical technology, that’s going to change everything, they can pretend for several years but it’s actually going to change everything, and pay themselves a lot of money in the meantime.
It’s greedy people relying on other greedy people so that some of them can get richer.
This is a title that’s factually true, but in reality highly deceptive. The AI companies are riding bubbles and the prices they decide don’t reflect the actual cost of anything. That’s what a bubble is. So the title should read that the AI companies are gouging some of their customers because they can.