To make AI look like a good investment, AI bosses and their pitchmen have to come up with a story that somehow addresses this phenomenon. Part of that story relies on the Byzantine premium: "Sure, you don't understand AI, but why would all these smart people commit hundreds of billions of dollars to AI if they weren't confident that they would make a lot of money from it?" In other words, "A pile of shit *this big* must have a pony underneath it *somewhere*!"
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