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US Needs Trillions To Stay Ahead of China in AI Race — Blackrock CEO Points to Pensions and Retirement Savings
Thats why NASDAQ recently updated rules to allow faster entry into index funds. SpaceX, Anthropic, and OpenAI all will get into index funds and 401k's in 15 days from their IPO now, which means their price collapse will use our retirement accounts as a cushion. Which is pretty on-par for these people.