🗣Elon Musk: “America is 1,000% going to go bankrupt and fail as a country without AI and robotics”
The U.S. is already paying over $1 trillion a year just in interest on the national debt. The only real escape is enormous productivity growth
AI → intelligence at near-zero marginal cost
Robots → physical labor at massive scale
Together they can dramatically increase economic output, lower the cost of goods and services and expand the tax base
The race is basically: Can we build AI + robotics fast enough to unlock abundance before the debt becomes impossible to outrun?
🗣 CFTC Fines Trump Speech Bettor
CFTC fined former White House teleprompter operator Gabriel Perez $172,000 for betting on Kalshi about which words and phrases would appear in Trump’s speeches.
Using access to speech texts before delivery, Perez earned more than $107,000 from December to February. He must repay the profits, pay a $65,000 fine, and is barred from prediction markets for three years. Cooperation reduced the penalty. He was suspended in July.
Elon Musk: "I don't think I'll be playing GTA 6"
"I only played a bit of GTA 5, and it required shooting police officers to progress in the opening scene; I just couldn't do it."