I think AI is inevitable in the way that bitcoin is now inevitable: it's not going to go away, it consumes a huge amount of energy, has various negative externalities, but a massive fanbase.

It doesn't really matter whether crypto is "useful", it has billions of dollars worth of fans. Similarly the LLM fans are not going to go away. However, there will probably be curated little oases for human-made works. We're also going to see a technique adapted from self-crashing cars: the liability human. A giant codebase is launched and a single human "takes responsibility" (whatever that ends up meaning) for the failures.

It does matter whether something is useful and I really wish people would stop making comparisons to crypto because it's an absolutely terrible comparison.

AI is certainly in a bubble right now, as with dotcoms in 1999. But AI is also delivering a lot of value right now and advancing at an incredible pace. It will become ubiquitous and at a faster pace than the Internet ultimately did.

Meanwhile, Bitcoin has been around for 17 years and there still are no non-criminal use cases apart from buying it and hoping it will be worth more in the future.