>>20300691Who knows. AI is so hot right now. Silicon Valley is all a buzz about the AI wars.
The boomers in congress are already trying to rush through new government agencies.
>WASHINGTON (AP) — A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop artificial intelligence and place safeguards around it, writing in a new report released Wednesday that the U.S. needs to “harness the opportunities and address the risks” of the quickly developing technology.>The group of two Democrats and two Republicans said in an interview Tuesday that while they sometimes disagreed on the best paths forward, it was imperative to find consensus with the technology taking off and other countries like China investing heavily in its development. They settled on a raft of broad policy recommendations that were included in their 33-page report. https://apnews.com/article/artificial-intelligence-ai-investment-congress-millions-8f3a051faadc50d2366e8a88a69c5470>>20300701Timing when someone is gonna pump them is a crapshoot.
They're probably a form of chink money laundering after Xi banned crypto on the mainland (Hong Kong just approved Crypto ETFs so that sort of allows some access again). American liquidity is very high. See the FINRA updates on margin account size in my screenshot. It's growing as the S&P500 keeps making new highs so they'll capitalize on the meme mania.
