Have you not seen market hype cycles before? They don't necessarily correlate with success, and when they do it's not necessarily with the ones who sunk the most money in. see: .com bubble (which did eventually turn out to be huge, just not for most of the companies in the first wave), 3D TVs (which didn't, now dead), VR (still a bit in limbo, but the hype has died down from where it was, a lot of companies haven't recouped their investments). "Lots of companies are putting lots of money into it" does not mean it's actually a good idea.
(and honestly, I think the only data most people in the market are basing their decision off is 'chatGPT got a million users in 5 days'. But then, their monthly site visits are now down more than 90% from their peak. I think there is value in AI in general, but it's very over-hyped and there's a lot of quite frankly crap integrations which provide little to negative value)
(and honestly, I think the only data most people in the market are basing their decision off is 'chatGPT got a million users in 5 days'. But then, their monthly site visits are now down more than 90% from their peak. I think there is value in AI in general, but it's very over-hyped and there's a lot of quite frankly crap integrations which provide little to negative value)