I don't know how to make sense of this level of investment. I feel that I lack the proper conceptual framework to make sense of the purchasing power of half a trillion USD in this context.
Maybe your calibration isn't poor. Maybe they really are all wrong but there's a tendency here to these these people behind the scenes are all charlatans, fueling hype without equal substance hoping to make a quick buck before it all comes crashing down, but i don't think that's true at all. I think these people really genuinely believe they're going to get there. And if you genuinely think that, them this kind of investment isn't so crazy.
She interfaces with AI Agents of companies, organizations, friends, family, etc to get things done for you (or to learn from..what's my friends bday his agent tells yours) automagically and she is like a friend. Always there for you at your beckon call like in the movie H.E.R.
Zuckerberg's glasses that can not take selfies will only be complimentary to our AI phones.
That's just my guess and desire as fervent GPT user, as well a Meta Ray Ban wearer (can't take selfies with glasses).
But pulling out your phone to talk to it like a friend...
Maybe you have not seen the 2013 movie "H.E.R.?" Scarlett Johansan starred in it (her voice was the AI) and Sam Altman asked her to be the voice of chatGPT.
Overall this is what I see happening and excited for some of it or possibly all of it to happen. Yet time will tell :-) and it sounds like your betting none of it will happen ... we'll see :)