Can the AI boom avoid both a crash and a huge rise in inequality?

Citing Stijn Van Nieuwerburgh's calculation, the author says AI would need about $3.7 trillion in annual revenue by 2032 to recover investment at a 10% return. The author argues that reaching that level would sharply raise inequality; if the industry fails to become profitable, a costly crash becomes likely. They expect AI to widen inequality even if revenue falls short, though whether a crash follows depends partly on bailouts and other support.