PROTOTYPE OF THE MOVIE "THE BIG BLANK": ANY TECHNOLOGY GIANT CUTTING AI'S SPENDING ON THE US STOCK MARKET WILL DROP IN A STRAIGHT LINE

ON 28 JULY, STEVE ESMAN, THE HEAD OF THE GREAT WHITE HOUSE, RECENTLY WARNED THAT IF ANY SUPER-LARGE TECHNOLOGY GIANT CUTS ITS AI CAPITAL SPENDING, THE UNITED STATES STOCK MARKET WOULD FALL “IN A STRAIGHT LINE”. HE NOTED THAT THE CURRENT MARKET HAD BECOME A SINGLE TRADING ENVIRONMENT THAT DEPENDED ENTIRELY ON THE SUCCESS OR FAILURE OF ARTIFICIAL INTELLIGENCE. MARKET PERCEPTIONS OF ARTIFICIAL INTELLIGENCE CHANGED DRAMATICALLY COMPARED TO A YEAR AGO, WHEN INVESTORS HAILED EVERY INCREASE IN CAPITAL SPENDING. “THE SITUATION IS MUCH MORE COMPLEX NOW. IT DOESN'T MEAN IT'S ALL BAD, BUT IT'S A LOT MORE COMPLICATED."