#economic-risk

#economic-risk

"I think that one should work from the facts rather than just trying to cause an alarm," Marcus told Business Insider. "Hyped-up views have gotten us into a bad place, possibly one that's going to lead to a serious economic recession or something like that," Marcus told Business Insider. "And I guess I think that one should work from the facts rather than just trying to cause an alarm."

After all, Trump's lawyers told the court that speed was of the essence on an issue central to the Republican president's economic agenda. They pointed to a statement from Treasury Secretary Scott Bessent warning that the "longer a final ruling is delayed, the greater the risk of economic disruption." But nearly three months have elapsed since arguments in the closely watched case, and the court isn't scheduled to meet in public for more than three weeks.

Though Meta, Amazon, Microsoft, Google, and Tesla are expected to have spent some $560 billion on AI development by the beginning of next year, their collective revenue from AI comes in at a paltry $35 billion. In the first half of 2025, the Atlantic notes, business spending on AI added more to GDP growth in the United States than all consumer spending combined.

President Donald Trump has issued an executive order allowing regular investors to gamble money in the private markets, potentially leading to a financial crisis that harms the general public.