Increasingly, the message being presented to the States is that their future well-being hinges on the successful development and deployment of AI.
However, there is another perspective: that AI will bring about significant challenges for people, regardless of whether it succeeds or fails. Failure will result in financial pain, as a large investment bubble bursts.
For good reason, it feels that the only major discussion in markets is whether AI is in a bubble or whether it’s actually the early innings of a revolutionary phase.
This viewpoint is decidedly from the pessimistic camp.
Author's summary: AI's impact on future well-being is uncertain.