There's no shortage of "Chicken Little" technologies that look great on-paper and fail catastrophically in real life. Tripropellant rockets, cryptocurrencies, DAOs, flying cars, the list never ends. There's nothing that stops AI from being similarly disappointing besides scale and expectation (both of which are currently unlimited).
The one thing that AI hasn't done that was promised a million times over is make money.
> people who don’t appear to understand the strategic play of pure AI companies
Get a load of this guy. Strategy in isolation is worthless; Russia has excellent strategic deterrence that is utterly useless for deterring Ukraine. Pure crypto companies had strategic foresight, but none of it was worth a damn when they had to compete with each other on merit.
The strategic play is perfectly well-understood. The tactical side is not, so far Nvidia is the only company that has gone to war and won.
It’s not really clear to me what you are trying to say. There will be winners and losers and it will be hard to know who they will be. That has nothing to do with Anthropic/OpenAI/etc not being rational in their strategy...