The Jersey Pump Principle: why AI’s trillion-dollar bet could stall like a 1949 gas pump law
- Posted on August 10, 2026
- By Fortune
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- 1 min read
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The Jersey Pump Principle: why AI’s trillion-dollar bet could stall like a 1949 gas pump law
Through the lens of Silicon Valley and Wall Street, the path forward for AI looks entirely pre-ordained. History teaches a different lesson.