An option that nobody uses isn’t really an option.
It’s clear that you’re not getting my point, and I’m not sure how else I could explain it. Both of those things are true, crypto is dead and the zombified corpse that remains is still trying to sell worthless tokens to what few gullible marks remain before the market gets wise and the bottom falls out.
The relevance to AI is that large language models are following the same trajectory. The whole market is propped up by big tech investments, and the firehose of money they have pointed into that bonfire will only last so long as it takes them to realize that that language models aren’t useful enough to justify their expense.