It always weird to see how dichotomy of some people saying AI will never be profitable and are doomed to fail and others saying that they are such a essential public service that they are a utility and should be subject to government regulation. Hopefully they are not the same group of people, but I suspect there is a greater overlap that one would expect.
I'm not one of those people but want to point out that there isn't much of a contradiction there. I don't know if hospitals, universities, train tracks, roads, and libraries technically speaking count as utilities but they overall don't seem to be profitable and at the same time are extremely desirable for a society and an economy to have. AI could turn out to be of the same sort.