> As long as the Trump administration is willing to backstop any backslide on AI, things will only continue to go up. Government trying to “backstop” firms to

> As long as the Trump administration is willing to backstop any backslide on AI, things will only continue to go up. Government trying to “backstop” firms to prevent a bubble bursting may be able to delay it somewhat, but not indefinitely, and only at the cost of magnifying the impact when it does. And the capacity to even delay it is constrained by the state of the rest of the economy, and that isn’t looking great right now in the US, which is teetering on the edge of stagflation.