No one has ignored or laughed at AI, to the contrary people have been working on it since the 70s. Even the biggest skeptics like Gary Marcus still believe AGI is possible, they just don’t think LLMs are enough and that the current technology is overvalued
"Then they launch competitor products that drive your margins to zero and force you to spend ever-escalating sums on new models forever, because you have no moat." <- I think we're at this one
