>If this is the most important industry for the US economy, the US is screwed

Depends on how economically useful AI turns out to be. It will be useful, but it needs to be VERY useful for the current valuations.

>In past Empires kings bet their entire nations future on the words of soothsayers

I think AI's rise is much closer to the story of factory machines and computers than to soothsayers and emperors.

it’s the industrial revolution for thinking, seems important