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(I am going to run on the assumption that you meant bullish instead of bearish? I'll clarify my view, just in case.)
I have been in IT Security for a very long time. People in my industry are usually pulled in to clean up the mess after the party is over. It's not entirely bad as it pays my bills and in general, I am bullish on AI in the long term and extremely bearish in the short term.
Thinking of a company as a monolith is easy. The sum of its parts must always equal profit. Sure, a company can have good parts and bad parts but one side cannot justify the other. (That could be a much deeper philosophical discussion for another time though.)
What pisses me off now are the number of people and companies that not weighing the risks or have a full understanding of what they are doing in the rush to implement. To use an old phrase: "Just because you can implement something doesn't mean that you should."
From my perspective, many companies are just shoving all of their sensitive data and our PII into a magic box to see how many dollars it poops out. It's sidestepping all of our data protection laws because it's going to be years before the laws are adjusted. (I simplified the complexity of ANNs and how data is stored in them, but my point remains.)
Even worse, companies are using the magic of AI to slurp even more of our data either willingly or by forced updates. A seemingly benign example of this is Microsoft integrating AI into notepad. Think about it: It is the most common temporary space on a PC where the average user stores highly sensitive and confidential data. Google is going to integrate Bard into messages so it can ingest your entire text history, personal or not. (Point to point encryption and other controls become irrelevant then.)
This particular brand of snake oil is exceptionally potent because products like ChatGPT introduce such high levels of illusion.
Edit: With all of that said, I really do respect your points and where our opinions differ. I also realized I am allocating too much time to this discussion and have a headache now. I'll gracefully back out now, but that kinda sucks. This would be a much more fruitful discussion in person where we aren't limited by typing.