It doesn't even do that OpenAI is bleeding money and none of the other big tech corporations investing into AI are seeing any returns either. The only people making money off of this are the hardware providers like Nvidia. Generative AI is just not very useful for anything that requires any minimum standard of quality, the only thing it's good for is generating unimaginable amounts of useless slop.
GenAI is a big tech hailmary like the blockchain and the metaverse before it. Google, Microsoft and Meta desperately need there to be another growth market, they need the line to go up but all the current business models have been exhausted. They are betting on GenAI being the next growth market, the next big thing, they are merely hoping that it will make line go up in the foreseeable future.
Matt Lieb said that if you make parents choose between abandoning Ms Rachel and being Hamas, you're gonna have everyone choose to be Hamas.