This is true. The 2008 crisis was about banks. Banks are linked to everything. Most companies aren’t that deep into an AI transition. They can still shrug it off and go back to what they were doing.

The big tech companies are fucked. The Saudis who just bought EA are fucked (their plan was to reduce costs by making games with a lot of AI tools). Nvidia is really fucked. The rest? They may have to reverse some plans, but they can shrug it off.