Jimmy Pethokoukis 2.4 1 idea

Politicians and 2028 presidential hopefuls are becoming "generally very critical" of AI due to job automation fears. He expects AI regulation to be a topic in the State of the Union. Regulatory friction is the enemy of hyper-growth. If strict regulations are proposed (similar to what was attempted with social media but failed), it could compress multiples for the broader AI sector. WATCH for regulatory headlines that could dampen sentiment. Regulation turns out to be toothless or gridlocked.