According to Edward Dowd, the AI industry claims it will eliminate parts of the white-collar workforce yet still seeks government assistance, highlighting policy dependence that can affect risk premiums for AI-exposed assets, source: Edward Dowd on X, Dec 4, 2025. He adds that if the Trump administration embraces and supports this AI agenda, it could trigger electoral backlash, creating headline-driven volatility risk for AI equities and related digital-asset sentiment, source: Edward Dowd on X, Dec 4, 2025.