It’s got nothing to do with capitalism. It’s fundamentally a matter of people using it for things it’s not actually good at, because ultimately it’s just statistics. The words generated are based on a probability distribution derived from its (huge) training dataset. It has no understanding or knowledge. It’s mimicry.
It’s why it’s incredibly stupid to try using it for the things people are trying to use it for, like as a source of information. It’s a model of language, yet people act like it has actual insight or understanding.