“It's all about AI. That's boosted the stock market. You could argue there'd be a recession without it. And yet we all hate AI. You hate a data center. You're unclear about what it's going to do for your college kids that are graduating and can't get a job, or anybody that's stuck in a job that they don't feel comfortable leaving because they don't know if AI is going to replace that job. It is an extraordinarily fraught, tumultuous time. And I think it's going to shape the 2028 race as soon as we get over this midterm. We're going to be talking about how to regulate and tax AI.”
sputnikintelligence.com
The host had read a Bloomberg Opinion piece saying US growth depends on AI investment that many voters oppose. Treyz was asked about that tension just before the midterms and predicts AI regulation and taxation will define the next presidential race.
Right.
…America has been higher economic growth. That is our advantage right now. But we also know, Henrietta, that AI investment was a big driver of growth in the third quarter. So our growth is very much dependent on continued investment in AI, which a lot of people are voting against this election day.
It's all about AI. That's boosted the stock market. You could argue there'd be a recession without it. And yet we all hate AI. You hate a data center. You're unclear about what it's going to do for your college kids that are graduating and can't get a job or anybody that's stuck in a job that they don't feel comfortable leaving because they don't know if AI is going to replace that job. I mean, it is a extraordinarily fraught, tumultuous time. And I think it's going to shape the 2028 race as soon as we get over this midterm. We're going to be talking about how to regulate and tax AI.
I want to pick on someone who's been a great supporter, even though he supports Arkansas football. French Hill is a ranking Republican. How angry is Chairman Hill right now with President Trump?
Well, I mean, I think there's a lot of folks who are angry with President Trump.
They're talking to you, but they're not talking to the visible media, are they?