The AI Bubble Just POPPED And They're Coming For Your 401(k) | Redacted w Clayton Morris
The biggest names in AI, including OpenAI's Sam Altman, are suddenly calling for a slowdown in development, citing safety concerns. However, this public plea for regulation may be a cover for a different motive: money. As AI companies burn through trillions in borrowed capital, there are signs the private funding bubble is about to pop. The push for a "slowdown" could be an attempt by dominant players to create a regulatory moat, locking out open-source competitors while they figure out how to manage their massive debt.
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