You don’t need a business plan to get AI investment, you just need to talk a good game about how AGI is around the corner and consequently the safety concerns are so real.

I would say the investors want to look cool so invest in AI projects. And AI people look cool when they predict some improbable hellscape to hype up a product that all we can see so far can regurgitate (stolen) human work it has seen before in a useful way. I’ve never seen it invent anything yet and I’m willing to bet that search space is too dramatically large to build algorithms that can do it.