Discussion on AI regulation and economic implications

Has there been any suggestion of what the, the next iteration might look like? Well, I think there are some worries about AI safety and regulation. We have seen these instances where you've had AI agents managing to escape sandbox conditions and you know, pose a threat to the stability of companies. We've seen cyber attacks happening in an increasingly regular basis and that is know, facilitated by AI developments that are enabling, you know, rogue actors to, to, to reach places that they wouldn't previously have been able to. You know, you saw Binance, the, the, the world's largest cryptocurrency exchange hacked recently. Extraordinary. Then data centers. I, there's big concerns about, you know, the water and electricity usage that they have. And I think you'll see Democrats probably having more moratoria on, on data center development in local communities that to say they won't be built, but perhaps there will be a greater degree of public consultation, an amount of time to pick the right ones and to ensure that they're built appropriately. I mean, I suppose the issue is not just about AI stocks tumbling. Very few of us will have stocks and shares in AI companies but it really kind of trickles down to the wider economy, not just in the United States but elsewhere. How so? I mean how embedded is AI within our global economy now? Incredibly so. The world's largest companies are the tech giants, the Magnificent Seven as they're so called. The likes of Facebook and Google and Nvidia and Tesla. They are huge companies together with the combined market capitalization that dwarfs the annual output of many economies. I mean it ripples through to our savings are pensions in that for those with pension savings, they're invested in the stock market and the stock market is over indexed against these large companies given their sheer size. So the Magnificent Seven that I was talking about, they account for about a third of the S&P 500, the US index. And there's about $23 trillion of money invested worldwide that is either benchmarked against or directly tracks the performance of P500. So if you have any money in the stock.