Up until the reality of the technology doesn’t align to the expectations and promises. That’s when true belief shifts to hype and lies in an effort to salvage the investment. I think that’s where we’re at now.

For people like Schmidt I think the hype is a true belief. You can see it in his posture and tone while being booed by the entire crowd. I’ve only seen that kind of self-satisfied smugness from evangelical religious nuts right before they tell someone they clearly regard with disgust that they’ll “pray for them.”

Their view of what AI promises is some kind of secular eschatological fantasy that’s only partly rooted in anything the technology or methods do.