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That’s standard for emerging technologies. They tend to be loss leaders for quite a long period in the early years.
It’s really weird that so many people gravitate to anything even remotely critical of AI, regardless of context or even accuracy. I don’t really understand the aggressive need for so many people to see it fail.
For a lot of years, computers added no measurable productivity improvements. They sure revolutionized the way things work in all segments of society for something that doesn’t increase productivity.
AI is an inflating bubble: excessive spending, unclear use case. But it won’t take long for the pop, clearing out the failures and making successful use cases clearer, the winning approaches to emerge. This is basically the definition of capitalism