If you read, watch, or listen to financial news, you’ll find there is a boom in discussion over whether the AI boom is a bubble, and what the consequences might be if it bursts. Today’s guest says that if such a crash occurs, it will represent a significant policy opportunity—a potential point of intervention that lead to meaningful reform of the tech sector.

Asad Ramzanali is the Director of AI and Technology Policy at the Vanderbilt Policy Accelerator for Political Economy and Regulation, and author of the recent report, "After the AI Crash."

"Instead of waiting for the crisis and hastily developing insufficient policies, lawmakers should prepare for this anticipated crisis now," he says.

Project Maven, a Department of Defense program launched in April 2017 to apply AI in military targeting and logistics, is now being used in live combat. Katrina Manson is a reporter and the author of Project Maven: A Marine Colonel, His Team, and the Dawn of AI Warfare, a book just published by W.W. Norton & Company that tells the history of the program. Justin Hendrix spoke to her about the book and about recent events, including the use of AI targeting in the war in Iran and the battle between the Pentagon and Anthropic over 'red lines' such as the use of AI for lethal autonomous weapons.

Last week, The Guardian reported that United States Secretary of State Marco Rubio has directed American embassies and consulates to counter foreign propaganda. Notably, the cable apparently endorses Elon Musk’s X as an “innovative” tool to help do it, even as it directs diplomats to coordinate with the US military’s psychological operations unit to counter what the administration deems as disinformation.

Today’s guest is Kate Klonick, a law professor at St. John's University and a senior editor at Lawfare. In a piece on Lawfare last week, Klonick says that the State Department issuing a formal cable endorsing a specific social media platform for use in its messaging—and doing so in the same document that it encourages collaboration with military psychological operations—would have been nearly unthinkable until recent months. But it’s just the latest in a series of developments that suggest Elon Musk’s X is regarded as the preferred tool of the state. Let’s jump right in.