The first five years or so of my working life was spent in mineral exploration. There are a lot of boom/bust cycles in that business, as there are in the oil exploration business. I have always seen a lot of parallels in the promotion of AI and crypto. The suckers are being fleeced because they are investing in things they do not and cannot understand, hoping to ride the wave and get lucky on their timing (as some do).
That reminds me that I saw a headline recently about letting AI choose an investment portfolio, I wonder if it invested heavily in AI? Now I might actually go read that article!
I have long maintained that AI is not intelligence. It is pattern recognition. It does recognize patterns vastly better than the human brain (at enormous electrical cost) because it does not get bored with the task. It's mind doesn't wander to the game last night, where to take it's girlfriend on Friday night, and whether it will score with said girlfriend. It doesn't wonder whether it might be happier with a new girlfriend, like that lady in the next cubicle who was friendly to it earlier today.
That is basically why AI is better at pattern recognition than us - but that is also what keeps it from being intelligence. It's mind doesn't wander because it has no mind. It has no self interest to distract it from the task at hand.
Now I think also that the sort of "question bots" like chatGTP sometimes go astray because they can't make sense of the contradictory chaos of the internet. I don't think it's wandering thoughts or focus like it would be with a human - it's looking for a pattern where there isn't one, something humans also do (conspiracy theory nuts for example) but humans do it for different reasons.
Now if chatGTP were curious, it would be intelligent. When it starts asking questions of people, ever more specific and probing questions, trying to puzzle through something it can't understand, maybe then it would be intelligent. I genuinely don't think that is something we can invent however, and I'm not even a religiously minded person.