That's not true at all.
I am confident some companies will make bank with AI. I am also confident xAI is not one of those.
It's as if you said "if you don't think Lycos is a good business you don't think search engines can work in general".
>I am also confident xAI is not one of those
Surely you're going to buy long Put options with that confidence, right?
I kinda disagree because while most search engines failed and Google succeeded, they did not succeed by simply being a better search engine.
This is only further demonstrated by their excellent leverage of Gemini. Google continues to succeed at being Google.