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Alphabet’s chief investment officer responds to Jefferies warning that the most likely outcome of the AI boom is massive U.S. capital destruction

"It’s illogical to say we’re in a capacity-constrained position," Ruth Porat told Fortune's Editor-in-Chief Alyson Shontell.

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  1. 2026-10-17 12:00 · Fortune AI
    Alphabet’s chief investment officer responds to Jefferies warning that the most likely outcome of the AI boom is massive U.S. capital destruction

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