The commentary warns that New York City's gains from the AI boom also leave it vulnerable to a collapse in AI valuations. It cites a $126 billion city budget and a $2 billion rainy day fund, arguing that a revenue hit could force service cuts. On employment, it says significant increases in layoffs have not materialized, but job growth has stalled. The author also warns that autonomous AI systems could overwhelm city agencies with requests and applications. Proposed priorities include federal AI safety rules, stronger city technology and broader access to AI's benefits—for example, letting residents apply for SNAP by speaking into their phones in their preferred language.