Are shovels just another get rich quick scheme? If they were really all that, they wouldn't be selling shovels to the public. They would be forming corporate partnerships, digging dirt and conquering markets--starting with the mining industry.
Others, not miners, also made a lot of money. Personally I recommend investing in AI but not LLMs. I expect John Deere to make a lot of money implementing more AI in farm equipment.
The problem is that they have to spend so much time and money inventing new types of mines, for which they need to be the shovel salesmen.
They’re also called “snake oil salesmen”. Or “Robber Barons”.