Oh they absolutely are valid, though! We've seen them ignore permitting for generators, use incredible amounts of water and raise all our power bills, steal books and movies for training - and for what?
Subscription AI isn't going to pay for itself - it's pretty clear that they'll want a bailout in the name of "security"; which is why it's so great the Chinese are releasing models as-good-or-better for free: ironically because it drives an even bigger stake into the heart of US AI companies.
The sooner these AI companies are destroyed, the better.