They have been multiple crashed again and again due to people bot actually paying.

And VC investments are distorting markets - unprofitable companies kill profitable ones before crashing.

I don’t think I’m trying to make that argument but thanks for putting it in my mouth. I do pay (or via employment get paid access) for a lot of products that have AI features that I don’t care about so from personal experience I know that at least some of the value chain is incidental.