> It is quite literally making this technology, information, and power available to only the elite.I don't know what to say to you. More people are coding now with AI than ever coded before. If your argument was true, then that would just mean that there are more elites than ever. Obviously that's not what's happening.
> What payout? Zero AI companies are profitable.
Because they're reinvesting profits into continued R&D, not because their current products are unprofitable. You're failing to understand basic high-growth business models.
> If you're invested in one of these companies you could be a billionaire on paper, but until it's liquid it's meaningless.
Plenty of AI companies have exited, and plenty of other AI companies offer tender offers where shareholders have been able to sell their shares to new investors. Again, it sounds like you just aren't really educated on what's happening. Plenty of people are millionaires in real life, not just on paper. You're massively incorrect about the payout landscape that investors are considering.
> The only people making money at the moment are either taking cash salaries from AI labs or speculating on Nvidia stock.
No, founders, early-stage investors, and employees with stock have cashed out in many cases. Again, it just feels like you're not aware of what's happening on the ground.
> Neither of which have much do with the tech itself and everything to do with the hype.
That's a very different argument. If you want to say that the investment is unsound, then fine, that's your opinion, but trying to say that investors have no appetite because they have to wait 10 to 15 years for a payout is incredibly incorrect.