America's future could hinge on whether AI slightly disappoints
5 hours ago
- #AI
- #Trump
- #Economy
- The U.S. economy is holding up despite weak manufacturing, payroll numbers, and low consumer sentiment.
- AI-related spending is credited with significantly boosting GDP growth, potentially offsetting negative effects from tariffs.
- The AI sector's performance is crucial; a crash could trigger a recession and reshape political narratives around Trump's presidency.
- Concerns about an AI bubble stem from overestimations of the technology's profitability and practical applications.
- Even if AI doesn't fail, merely underperforming optimistic expectations could lead to a market crash and financial distress.