The U.S. Government Is Making a Dangerous AI Bet | Michael Strain

Should the U.S. government back "national champions" to compete with China in AI and semiconductors? Michael Strain, Director of Economic Policy Studies at the American Enterprise Institute, argues the answer is no. He warns that government ownership stakes in private companies like Intel could distort markets, create "too big to fail" businesses, and ultimately weaken America's competitive edge.

Strain explains why he believes the U.S. economic model remains stronger than China's despite growing calls for industrial policy. He discusses the risks of government picking winners and losers, whether AI stocks are actually overvalued, how politics can interfere with business decisions, and why America's long-term advantages still outweigh China's.

💡 As Washington takes a bigger role in AI, semiconductors, and industrial policy, investors face new opportunities and new risks. Schedule a free portfolio review with Wealthion's endorsed financial advisors to see if your investment strategy is ready for what's ahead: https://bit.ly/4y56rWN