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The chip exec who powered the AI boom says America's $39 trillion debt is the real threat

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Anirudh Devgan has a theory about why smart people keep making the same mistakes. Every generation faces a new wave of technological disruption and responds with the same blend of overconfidence, short-termism, and reluctance to let go of what’s working. The internet did it. The mainframe era did it. AI is doing it now. “The technology always evolves faster,” he told Fortune backstage at Great Place to Work’s For All Summit in Las Vegas, when asked about the pace of change. “I’ve had this debate so many times,” Devgan said, sighing in a slightly professorial manner, fittingly attired in a…

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