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Story summary
- Alphabet, Microsoft, Amazon, and Meta plan to spend about $650 billion on AI this year, signaling potential economic impact.
- The article raises concerns about an AI disaster and asks whether this mirrors past climate alarmism.
- A National Foundation for American Policy study finds over 80% of new H-1B applications from these firms are AI-related.
- The policies of U.S. President Donald Trump may hinder hiring of high-skilled immigrants essential for AI development.
