Everyone who follows tech remembers the “Something Big is Happening in AI” essay–and President Trump’s brokerage may have read it too.
On Feb. 10, an AI founder named Matt Shumer published a 5,000-word essay arguing that most of the world was sleepwalking into a crisis akin to coronavirus, but only tech people knew what was coming. The essay would be viewed nearly 87 million times and crystallized a fear that would engulf Wall Street by the end of the month: AI wasn’t just a boom story. The technology could hollow out entire industries like software engineering, which had been investors’ golden child.
