Why is AI suddenly so consequential and urgent?

Because, almost overnight, AI has become the beating heart of our economy. We face a real existential threat if AI fails to realize its promise.
Realistically, AI-spurred high GDP growth is the only way we can meet our national debt obligations without drastic spending cuts or onerous tax increases.

We hit $40 trillion in U.S. Treasury debt (gross debt) in August according to the Monthly Treasury Statement. Net of Treasuries in government accounts, that’s about $32 trillion, or about equal to current GDP. National debt last hit the level of GDP at the end of World War Two.

Already, net interest has been very growing rapidly, more than doubling from $425 billion four years ago to $1.1 trillion in the fiscal year just ended, as low-rate Treasuries issued after the Great Recession and during the COVID era have been maturing and been replaced by new higher-rate Treasuries. This past year, one out of every seven dollars of federal spending went to pay interest, according to the MTS.













