> Yet the market can remain irrational for much longer than we can reason about.

It's already overdue.

> it isn't clear to me that Altman et al don't virally weave themselves into the DNA of the state, both in the USA and in its adversaries.

In the USA? Maybe. In its adversaries? Definitely no. Thanks to Trump's "Make America Negligible Again" campaign being extremely successful.

Adversaries and enemies alike, no exception, nobody trusts US any more, so everyone is already building their own stuff to get independent ASAP. Tech-bros have already lost their influence outside of the US.