On AI Global Mess, AI Tokenomics & Better Breadth

Many emerging market economies aspire to become regional AI hubs, importing the technologies needed for their infrastructure from the US or China. The US had seemed the better option given concerns about Chinese data privacy and misinformation. Now uncertainty over whether the US will slow AI deployment changes that calculus. William says that could give China “a far deeper hold on the digital plumbing of the 21st century.” … Also: Melissa explains why falling AI token prices aren’t the negative for AI providers one might assume and why we’re bullish on “tokenomics.” … And: Joe explains how the midterm elections broadened the S&P 500’s breadth.