Sure, but it doesn't have to continue forever to be wildly profitable. If it can keep the exponential growth running for another couple of rounds, that's enough to make everyone involved rich. No-one knows quite where the limit is, so it can reasonably be worth a gamble.
That’s fine and good for investors.
I couldn’t care less about the business side of technology.
Im an engineer and a technophile and as an engineer and a technophile it sours me to hear someone dangle sci-fi level AGI as a pitch to investors when we’re clearly not there right now and ,in my opinion, this current wave of of basically brute force statistics based predictive models will not be the technique that gets us there.
It makes the cynic in me, and many others probably, cringe.