Technology

One episode of How Money Works (this one, I think) talks about how the AI and tech companies would simultaneously insist that Chinese AI was a national security problem (and therefore we should deregulate AI research) while simultaneously arguing they should be allowed to sell their chips to China.

That was before Chinese models made some serious gains and is catching up to the capability of Anthropic.

So the AI sector here in the States has been duplicitous about its status.

Also in recent news (like here), OpenAI is seeking to borrow $1.5 trillion while only expecting to make $20 billion in profits.

Also prices have risen on AI tokens, to the point they exceed the salaries of the workers AI was allegedly going to replace.

I think the US AI sector promised too much and has been trying to catch up by feeding more and more resources to the development process. I remember some sci-fi stories / hypotheticals about self-replicating AI being asked a super-difficult question and in an effort to get smart enough to answer it, the AI system ate the earth. We're doing exactly that, except with humans involved, who can't seem to help themselves.