Which is actually not a big difference to what companies have done the past couple of decades, namely moving positions from high-cost to low-cost countries. Cost for an AI is problably easier to mask in the balance sheet as well, as costs for human resources.
nope, I honestly think NFTs/Crypto/Blockchain/Web3 stuff was a bigger bubble, in that it was a technology that has practically NO real use.
AI is definitely more useful. Yes, the money pumped into it is possibly far more than into Web3 stuff, but I think the big players like MS, Alphabet and so on would not invest heavily into it, if they did not see huge potential.