I am usually also sceptical about AI but I think it could be a useful technology (LLMs). However, it seems to me that currently we have the technology but did not find the best use cases for it. So we throw it like cooked pasta against the wall in the hopes that something sticks at the wall.
I think it's more like TEH BLOKKCHAYNE. It has no viable use cases so grifters are throwing it against the wall in the hope that somewhere, someone will pick it up and give them the money they need to escape the inevitable collapse that is coming.