

I don’t think the bubble bursting will slow AI that much, it’ll just be a round of hot potatoe over, the losers will lose their money and others will come in hoping to be profitable since they can skip a bunch of R&D costs.
AI is overhyped, but just like the internet after the dotcom bubble burst, it’s not going anywhere.
Plus I suspect that this time will be a dollar collapse rather than stock market collapse, which would mean prices would go up even more.



Also to remember that government spending isn’t a loss of wealth but a transfer of wealth. There are people profiting from each of these missiles fired (assuming they’ll be replaced, though it still counts if they are replaced by a different missile or system, unless that new system is from a non-profit or public weapons manufacturer).