The reality is that the value proposition of AI is unclear --- and will remain so until vendors recoup the huge mountain of cash that has already been spent on

The reality is that the value proposition of AI is unclear --- and will remain so until vendors recoup the huge mountain of cash that has already been spent on development. Driven by FOMO, investment in AI is proceeding as if the value proposition is a done deal. In other words, AI spending may well be out of touch with reality --- but no one can really say for sure at this point.