"If AI were compelled to pay royalties on the copyrighted data they trained on, it might slow down a little. But not enough."
You would need a legal basis to compel that, it's not supportable to claim training isn't fair use. Worse, AI billionaires are thieves, they will cheat as laws evolve. That won't slow anything down at all, it will just cost money chasing criminals.
"This administration is pouring gasoline on the fire because they WANT a roaring stock market and a weaker, more insecure middle class."
It's even dumber than that, the administration is nothing but grifters, they are looking to steal for themselves and have no regard for the country at all. I think you are right, the smarter ones likely feel this way. Trump doesn't, he's far too dumb.
"If you're not convinced, why are all the AI people building impregnable bunkers?"
It's a great question, but not a new one. The ultra rich often do this. A better question is why Peter Thiel is preparing to relocate in Argentina. At least one of these cretins is developing a Plan B for an upcoming backlash. Wonder where Elon will run to? Gotta be a reason for those phone calls with Vladimir.