Consider two propositions:

P1. AI is useful powerful and (P1a) will continue to get more useful and powerful at the same rapid pace it's been improving

2. AI companies are very profitable, and (P2a) will be wildly profitable (eg $30T TAM) in the next few years

These are completely separate. But in practice people seem to be either proAI (both true) or anti AI (both false). P1 is clearly true and I find it hard to take anybody seriously who says otherwise. P1a... Who knows, gotta hit a wall sometime. P2 I'm way more uncertain about (especially P2a) but it seems like people like Zitron reason backwards from hating AI.