I think it’s more like “there goes the semiconductor boom predicated on monetization of ever larger models.” Once the IS government acts out of capricious fiat because a model becomes “too good” and they demonetize it, the entire shell game collapses. It’s times like these, with oil scarcity planet wide, fertilizer scarcity, and now ham fisted meddling in the bubbles expansion, we can be thankful we have an octogenarian senile stable genius with twenty two specialist doctors and a disdain for the rule of law at the wheel!

Agreed. The timing here is interesting as well. 5:21PM ET on a Friday. Like they know this could roil markets and they're trying to buffer that a bit (and maybe they're really hoping this deal with Iran is actually real this time and figure that will help offset the effects?)

The thought that this would also destabilize the AI bubble did come to mind, but the current government loves to crash the market on Fridays, only to backpeddle on Mondays.

A related thought though, the AI boom is predicated on the idea that everyone's going to want or need all this "mass produced" intelligence. But what happens to that when you go from being able to claim to have a total market size of ~8B people, to ~400M peoole? I think the reason to push ahead at any cost evaporates.