Crypto and AI are related in that they're both loosely defined new frontiers that tech corporations desperately want to exist because their existing businesses can no longer grow. Everybody who is a potential customer for facebook, google or whatsapp is already using those services, but the number still needs to go up somehow, so the tech giants are clawing onto anything that could become the "next big thing" so they can capitalize on it and promise more growth to their shareholders.

Cryptocurrency, the metaverse and now AI are all iterations of this cycle. With very vague definitions and the wildest of promises, this is basically the government department of grifting shareholders. Which would honestly be funny if it wasn't also boiling the oceans.