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AI feels like a real mania, a genuine collective break from reality among the ruling class. They might as well be pouring billions of dollars into an attempt to replace all jobs and knowledge with a large bronze idol of Dagon.
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I think the reviving of union power has them scared shitless and AI is a near religious belief that computers will save them from unions
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I was speaking to a Microsoft dev yesterday, and, in his words, "we are now being required to include AI in every product, whether it makes sense to or not." A certain technology is being prescribed, often over the protests of the people who best understand how it works. It's buck wild.
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At a pharmaceutical company you've heard of, they keep new drugs in the development phase even when the scientists know it has dim prospects. The stock price is based on the potential for new products, so they want to be able to convey the impression they have many prospects.