AI bots don't 'hallucinate' they just make shit up as they go along mixed with some stuff that they found in google, and tell it in a confident manner so that it looks like they know what they are talking about.
Techbro CEO's are just creeps. They don't believe their own bullshit, and know full well that their crap is not for the benefit of humanity, because otherwise they wouldn't all be doomsday preppers. It all a perverse result of American worship of self-made billionaires.