Despite investments totaling $1 trillion in AI, the promise of superintelligence remains unfulfilled as core technical challenges persist.
Historical instances, like the failed predictions of artificial general intelligence in the past, caution against believing the current projections for AGI by 2030.
Companies like Google's Waymo, despite over $12 billion invested, struggle to achieve profitability in AI endeavors, creating concerns for widespread AI investment.
Several major AI players, including OpenAI and Microsoft, have faced challenges with profitability, even as they continue to raise substantial funds for projects that show limited results.