I’m relatively confident that AI represents the formalization of the perspective adhered to by those who run the economy.
It does provide context for why so many are throwing so much money at it, when experts know they’re not going to get a monetary return.
It could be that they’re just genuinely huge suckers. But I’m inclined to wonder if there’s more sinister motives in play.
Honestly, I think it’s less sinister, and more that they legitimately believed that was how the human mind actually worked, so “copying” that blueprint with machines was supposed to result in a reasonable facsimile of a human. Because of the failure, they have to rethink their entire strategy right from the start, which means our entire economic and political system needs to be reimagined.