This is true if and only if human intelligence is anywhere close to any theoretical maximums. I propose an alternate hypothesis: human intelligence is weak and easy to exploit. The only reason it doesn't happen more (and it already happens a lot!) is that we're too stupid to do it reliably.
Consider the amount of compute needed to beat the strongest chess grandmaster that humanity has ever produced, pretty much 100% of the time: a tiny speck of silicon powered by a small battery. That is not what a species limited by cognitive scaling laws looks like.
>This is true if and only if human intelligence is anywhere close to any theoretical maximums
Humans are capable of logical reasoning from first principles. You can fool some of the people all of the time, but no words are sufficient to convince people capable of reasoning to do things that are clearly not in their own self interest.
Consider the amount of compute needed to beat the strongest chess grandmaster that humanity has ever produced, pretty much 100% of the time: a tiny speck of silicon powered by a small battery. That is not what a species limited by cognitive scaling laws looks like.