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“If the market can keep the faith to persist, it buys the necessary time for the technology to mature, for the costs to come down, and for companies to figure out the business model,” Wu said. But US “companies can end up underwater if AI grows fast but less rapidly than they hope for,” he suggested.
arstechnica.com/tech-policy/20

"During this moment, Ryan wrote, it’s not just AI firms with skin in the game, but potentially all of Trump’s supporters. The US is currently on “shaky economic ground” with AI investment accounting “for virtually all (92 percent) GDP growth in the first half of this year.”

“The US’s bet on AI is now so gigantic that every MAGA voter’s pension is bound to the bubble’s precarious survival,” Ryan said."

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