is ai anything more than a shakedown at this point?

aside from a few very specific corporate backroom use cases, the pitch for the product currently sold as “ai” is loaded with vague, unclear benefits, marginal utility, and limited real world adoption.

then there’s another product, “ai risks”, many of which are easily identifiable to an average person (layoffs, deepfakes, calculated and miscalculated state violence without accountability), and to the c-suite cause fear and panic, resulting in massive overspending to mitigate these risks, most likely by investing in a “good” ai tool to counter the “bad” ai tool.

how long can the grift continue without any actual positive product to purchase?