How can you be so disconnected from reality? The valuations are based on the immense value of LLMs, which exists regardless of how consumers - who are very much not where the revenue is coming from - feel about it.
I can see how much we are spending on Claude and codex at meta. Believe me, the AI company valuations are not coming from Microsoft word ai assistant.
What immense value? Has it solved world hunger? Has it provided abundant clean energy that no one needs to worry about it? Has it taken care of people's basic needs so that they can be free of work and focus on what's rewarding for them?
I can see how much we are spending on Claude and codex at meta. Believe me, the AI company valuations are not coming from Microsoft word ai assistant.