# Alphabet’s chief investment officer responds to Jefferies warning that the most likely outcome of the AI boom is massive U.S. capital destruction

- Source: Fortune
- Published: 2026-10-17T12:00:00+00:00
- Category: Business
- Original: https://fortune.com/2026/10/17/ruth-porat-jefferies-chris-wood-ai-buildout-capital-destruction-chinese-open-source-models-differentiation/
- Canonical: https://groundlevelnews.com/story/alphabet-s-chief-investment-officer-responds-to-jefferies-warning-that-62cb65/

"It’s illogical to say we’re in a capacity-constrained position," Ruth Porat told Fortune's Editor-in-Chief Alyson Shontell.

_Ground Level News shows a short summary only; the full article and all rights belong to Fortune._