Post AI Earnings: What has been the point of all this spending?

The promise for AI was to better the world, cure diseases, fast track research and produce true scientific works. It's been 6 years & 12 days since ChatGPT 2 released and where are we now? * AI slop is everywhere * More government surveillance in or day-to-day lives * Mass Layoffs * Garbage economy * Flat market since October * Fun "deals" between companies * Etc It seems like this whole thing hype train is made to funnel money into a select group of companies for some unknown/abstract technology that will never materialize. The advancements that occurred int eh first few years are nothing to scoff at, but since then what's really changed? The entire market has been propped it by this narrative for the past year while the warning signs from non-ai stocks have continued to be ignored. And now the q/q growth rates are slowing down, so where do we go from here?