Isn't that part of the cause? It sucks up so much investment, there's nothing left for anything else. Or at least nothing without such perceived upside.
Either they pull it off and you're replaced by AGI, or they fail to pull it off and you lose your job to the resulting economic implosion.
Probably not significantly, IMO.
> It sucks up so much investment, there's nothing left for anything else.
Tariff-inflated input costs combined with weak consumer demand are the reason the rest of the economy is slow, and the reason there aren’t places woth strong and near-term upsides for investment dollars to go. AI being the only thing attracting investment is the effect, not the cause.
There is still a lot of tech investment, deal making, and hiring going on. It has just left the USA.