Pretty sure Cisco was too, the’re supplying hardware to the bubble. I think you misunderstood my point- I don’t think AI is going to be profitable in the long term, it’s probably very profitable to sell the hardware for that to people with investor money- their stock price reflects that.
That’s pretty much where I see the ending for a lot of this, there’s a wide variety of useful applications, but hard to capitalize on especially for things that are self contained and not phoning home to some server you need to maintain access to for billing purposes