Starting to change my mind about AI

For a while now I have been waiting for the "AI bubble" to burst. I don't want it to happen, but what the hell is one supposed to think when companies that make up a large portion of the U.S. economy invest hundreds of times more than they can reasonably extract in a year for that? It's a fad, I thought. First it bubbles, then it bursts, then it settles to a shit version of itself, like the Internet did. But then it hit me. AI is not a tool, it's a resource. It's like water, or land or the Internet. Countries without Internet are done now, they can't affect anything, people from them can't do anything in the world because they would need skills they don't have, even if their abusive boyfriend/supreme leader would let them leave. When the Internet came to be, some people saw it coming, but most of people just saw it grow into their lives, upend and take over other stuff, only better, and they let it. No one had the foresight to hoard it. And the Americans have been trying to fix that…