You know, when the bubble bursts, the failing companies will be sold for cheap rather than destroyed.

So, worst-case scenario: we have one company holding the AI monopoly (possibly UAE investors), and China stops creating open-weight models since they no longer have to undermine the US.

Also, the US economy is propped up by the inflated AI company values, so a collapse could have significant consequences: recession, inflation, and failing businesses.

The AI bubble is a lose-lose scenario for the general public and a good leader would have done something about it ages ago.