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DOJ targets Nvidia, Meme stock comeback, Trump fundraiser in SF, Apple/OpenAI, Texas stock market
All-In with Chamath, Jason, Sacks & Friedberg
Premature Investigation in Nascent AI Industry
Regulatory investigation by DOJ and FTC in the AI industry is premature due to the industry being nascent with limited use cases and spend history. Despite significant investment in AI, revenue generation remains low, indicating an immature market. The investigation seems premature as the industry has not experienced a full cycle of boom and bust. Additionally, large companies are adapting through innovative deal-making strategies to navigate traditional constraints.
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