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New technology brings new risks. Sell stuff via the internet? Are you crazy?
I assume they simply expect that the risks can be addressed.l. and generally I tend to agree with them. We somehow managed the fact that Google search results are not 100% accurate or Wikipedia articles can be hijacked.
The thing is more complicated than than. Moreover, there is a wish/needs to train/fine-tune models locally. This is not comparable to initial training of chatGPT like models, but still require some power. Juts today I read that some pixel 8 video improvement features will not be ported to pixel 7 because they need tensor 3 power.