Software engineering is a job. Writing code is a task. The task isn't the job.
Billions of people are going to become impoverished and your reaction is to insult someone for grieving?
What do you think is the purpose of life? Is this how you’ll react as one by one the souls of the ones you love most go dark?
IMHO, the US is already cooked. Technological superiority is one of many ways to exert influence, and foreign initiatives are closing in, fast. There's nothing the US can do do stop it, unless it can find a way to stall China's advances in the area, and this is incredibly unlikely.
I think “AI bubble” gets framed as a technological question about AI capabilities and not a financial one. The bubble may deflate slowly, but if you eat all software or eat all other Field’s something is popping. Anthropic OpenAI and SpaceX are all valued partially as if they’ll be the only ones to succeed.