Damodaran invokes the killed 90s EV to warn against stifling AI
pdamodaran · x · 2026-09-14
Aswath Damodaran leans on a historical analogy: an all-American electric car was killed in the '90s, and everyone knows who leads the EV industry three decades later — his warning: don't let that happen to AI.
The remark comes amid industry debate over frontier slowdown proposals and potential regulatory intervention, cautioning against the historical cost of suppressing leading-edge technology.
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