So far AI doesn't seem to be doing much to wall street other than inflate some AI stocks. When those go bust, yeah a few trillion wasted. But it is all imaginary money anyway.
What's happening behind the scenes is what you have to pay attention to. AI are already writing and censoring almost everything online. The average American could not care less, and insist the government and corporations they call evil must censor them for their own protection. The newest optical quantum computers are almost ready, and will do the job even more effectively and cheaper. The issue is the information they're stealing and hiding is the real issue, because its the only thing propping up the stock market. All the lies are coming out already, and the Chinese are releasing updates every few days, informing the wealthy that they have their data, and need to play ball with someone with a brain, not Donald Duck. Democrats will blame republicans, then cut a deal.