Literal bot has entered the room. I have a fast food chain. I give an applicant a loan to start their franchise, which wouldn't exist if I didn't offer that financing. The franchise is a customer of the chain and wouldn't exist without the loan. New franchises make other potential franchise owners consider working with that chain. That also happens and it is neither illegal nor immoral.

Not saying its good! Just OK under US law and sometimes help companies grow.

I think what makes this tough to be objective about is there is so much about this that is tied to things people hate: AI, tech, obscene wealth, poor regulation. I 100% agree but I do doubt the demand for AI is artificial.