The only certainty is that the market will not come to its senses on its own. It is up to the Trump administration and the Federal Reserve to wake up and safeguard the real economy from excessive risk. If they fail to take action, Congress should step in and do so. And states should step in to protect their residents if the federal government won’t. Policy makers must take on Wall Street and protect working people — not large corporations and their billionaire shareholders and executives — from the severe economic losses that would surely follow an AI crash.
The only certainty is that the market will not come to its senses on its own. It is up to the Trump administration and the Federal Reserve to wake up and safeguard the real economy from excessive risk. If they fail to take action, Congress should step in and do so. And states should step in to protect their residents if the federal government won’t. Policy makers must take on Wall Street and protect working people — not large corporations and their billionaire shareholders and executives — from the severe economic losses that would surely follow an AI crash.