Throughout history, many things have been spent on useless things, but saying that AI is a Ponze scheme is, I feel, the same as saying that the Apollo program is a Ponze scheme or that government-funded research is another Ponze scheme.
PS: There were people who were against the Apollo program because they considered it an unnecessary expense, although today the Apollo program is more remembered.
And the current AI spring is just old people buying into bullshit marketing and putting all their money in a Ponze Scheme.
Throughout history, many things have been spent on useless things, but saying that AI is a Ponze scheme is, I feel, the same as saying that the Apollo program is a Ponze scheme or that government-funded research is another Ponze scheme.
PS: There were people who were against the Apollo program because they considered it an unnecessary expense, although today the Apollo program is more remembered.