> The other form of singularity feedback [is that] as it becomes increasing obvious the AI is very near in calendar time, more money will be spent on it because of a higher probability of making ROI.

In my thinking, if we are as close to transformative AI as we seem to be from recent trends, the inevitable increase in funding should nullify any effect of an economic recession, so the stagnation of critical research would likely require more catastrophic intervention.

The people in charge of funding AI research (that is, the CEOs and other leadership of all relevant companies) are, almost universally, extremely interested in spending a lot of money on AI research, and they have the funds to do it even in a recession.