Until recently everyone was bragging about predicting bitcoin's bubble. To the best of my knowledge there was no huge crash, crypto just got out of fashion in mainstream media. I guess that's what's going to happen with AI.
the argument of the OP doesn't discount this idea, the suggestion is there's a crash but then following that crash it _does_ pay off. Its a question of a lack of patience.
It's very ironic that the way they could have made money was the simple, but boring one: buying and holding bitcoin. Being a shitcoin day-trader is much more exciting though, and that's how they lost all their money.
Maybe that's also what will happen with AI investors when the bubble pops or deflates.