The AI industry has dug itself a hole this time. US stock analyst Daniel Niles said that with the midterm election results in hand, over 40% of the new data centers planned for the US are now in jeopardy. Data centers are already unpopular: they take up a lot of space and consume a lot of electricity. Adding insult to injury, the AI community has been spreading rumors that AI could eliminate half of junior white-collar jobs within one to five years, and even has a 10% chance of destroying humanity. On one hand, it's trying to take your jobs, and on the other hand, it's building server rooms near your home and using your electricity. As soon as the election was over, this resentment became a real obstacle. Chip stocks were the first to suffer. The Philadelphia Semiconductor Index, which includes chip companies like Nvidia and AMD, fell 12.1% last week, while the S&P 500 only fell 2.7% in the same period. Buying chips requires storing them in server rooms, and building new server rooms is now difficult. Ironically, Amazon rose 7.9% in the same week. Building new data centers is difficult, making the existing data centers owned by cloud giants even more valuable. Niles says the situation is even more difficult for companies like Anthropic and OpenAI, which only develop large models and lack other business lines to support them. And the statement that "AI will eliminate half of junior white-collar jobs" was made by Anthropic's CEO himself.