US uniquely is suited to maximally benefit startups emerging in a new space, but maximally prevent startups entering a mature space. No smart, young person in t

US uniquely is suited to maximally benefit startups emerging in a new space, but maximally prevent startups entering a mature space. No smart, young person in the US matriculates into industries paved over by incumbents as they wisely anticipate that they will be in an industry deliberately hamstrung by regulatory capture. All growth is in AI now because that's where all the smartest people are going. If AI were regulated significantly, they'd go to other industries and they would be growing faster (though not as much likely) However there is the broader point that AI is poised offer extreme leverage to those who win the AGI race, justifying capex spending on such absurd margins.