Why is the current AI boom happening now despite AI research being over 60 years old?

The current AI boom is occurring due to three key factors that only about seven companies globally possess simultaneously. First, they have vast computational power through proprietary chips and supercomputing clusters unavailable to outsiders. Second, they can afford to pay premium salaries to scarce technical experts who develop AI algorithms. Third, they have massive amounts of data accessible only through pervasive market reach. This convergence explains why the AI surge coincides with tech industry consolidation. The technological breakthroughs driving today's AI advancements are contingent on resources found within a concentrated tech ecosystem. As we consider AI and enhancement technologies, we must recognize this power dynamic shaping development and access to these transformative tools.