Using Ballots to Rein In AI: How the U.S. Midterm Elections Ignited a Tech Stock Crash
On Thursday night, US AI stocks crashed: Nasdaq fell 5.52%, worst in 18 months, wiping out $2-2.5T. Nvidia -9%; storage, nuclear, power sectors slumped. Trigger: Democrats won both chambers in midterms, with anti-AI campaigns urging pause on frontier AI and limits on new >20MW data centers.....