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I don't buy it. The top 10 companies are mooning not because of AI, but because they're in bed with a powerful wannabe dictator. I don't mean to sound grim, but if I were a betting man I'd put my money on the unfairly advantaged companies too. Luckily I index invest and don't listen to this noise.
It’s backfiring badly as institutions get their data the hell away from American control. It will take a few years but the damage has already been done and can’t be reversed.