Every praise of LLM is invariably preceded by some form of "I don't really understand their output but it looks great". That right there is the strongest signal I've caught so far that the whole thing is just a funny money pyramid.

In Sirens of Titan Vonnegut tells a story where governments decided to boost the space industry to drive aggregate demand.

This is exactly what is happening. When you realize that the whole thing is predicated on building and selling more $100,000 GPUs (and the solution to every problem therein is to use even more GPUs), everything really comes into focus.