In this episode of the Techstrong Gang, host Alan Shimel is joined by JP Morgenthal and Stephen Foskett to discuss the implications of the U.S. partnership with Intel, which includes a 10% government stake. The conversation raises concerns about government involvement in production and how it could reshape market competition.

The gang also dives into the state of the AI industry, examining whether we’re in an AI bubble, the challenges of profitability, and the risks of irrational exuberance. With subsidies masking the true costs of AI development and Cursor emerging as the only profitable player, the discussion highlights both the opportunities and the economic risks tied to AI’s rapid expansion.