Trump says you are “the enemy” if you do not use his new term.
The Enemy
Truth Social: The White House considers anyone that uses the term, “Artificial Intelligence,” as opposed to the highly accepted new and more accurate term, “Super Intelligence,” THE ENEMY! President DONALD J. TRUMP
Oct 08, 2026, 10:14 AM
Over 90 percent of the nation is now the enemy using Trump’s definition.
Super Intelligence Task Force
Truth Social: Following the Historic White House Accord on Super Intelligence, where the World’s most important Technology Companies came together, and confirmed their responsibilities to the American People, I am announcing the formation of the Super Intelligence Force (SIF). The Super Intelligence Force is tasked with coordinating the effort of the Federal Government to ensure that America continues to lead the World in Super Intelligence, which many say is bigger than the Industrial Revolution, and the Internet, and will protect the interests, and improve the lives, of all Americans. The Super Intelligence Force will coordinate the Federal Government’s engagement with Consumers, Public Interest Groups, Religious Organizations, Critical Infrastructure Providers, and Super Intelligence Companies, and will be led by Director of National Intelligence, Jay Clayton, Chairman of the Federal Trade Commission, Andrew Ferguson, Under Secretary of War for Research and Engineering, and Chief Technology Officer, Emil Michael, and Director of the Office of Personnel Management, Scott Kupor, and will report to the President of the United States (ME!), and the Chief of Staff, Susie Wiles. Thank you for your attention to this matter! President DONALD J. TRUMP
Oct 04, 2026, 6:23 AM
Not Scott Bessent
Scott Bessent will not be going to be Super Intelligence (SI) Czar. Number One, he doesn’t want to. Number Two, he’s doing such a great job at Treasury, and that’s where I want to keep him! Why would I ever make such a change? Just more Fake News! President DONALD J. TRUMP
Sep 25, 2026, 10:49 AM
Well I am sure glad we cleared that up.
Unintelligence on Super Intelligence
The Wall Street Journal comments Unintelligence on Super Intelligence by
Holman W. Jenkins, Jr.
What’s behind the confusingly unspecific demands for government intervention from AI leaders? I reject the cynicism argument (it’s all about regulatory capture) in favor of cultural determinism—they’re true believers.
That said, Anthropic and OpenAI have valuations now to defend. The people who founded these companies may be deeply invested in the idea of artificial intelligence as the most important technology ever. But they’re also in a situation where the investing public, including sophisticated venture capitalists, interpret their creations as potential cash machines, worth maybe $2 trillion. However, under an equally plausible reading of the evidence, the companies are black holes of spending on rapidly commoditizing capabilities. Their specialty, the highest-end AI potential, the U.S. government won’t even let them sell to customers.
Now a documentary movie perhaps threatens to pop their bubble by proxy. The subject is Elon Musk, who director Alex Gibney says threw his support behind Donald Trump in 2024 because he feared under a different administration he’d land in jail.
My cards on the table: Tesla’s valuation never made sense to me, but the risks haven’t been hidden from investors. At the same time, if the markets turn on Mr. Musk, history shows the SEC and criminal prosecutors won’t be far behind.
At a San Francisco conference last weekend, an unnamed frontier lab executive was reported to have said there’s some level of machine intelligence beyond which the industry should be prepared not to go. We’ll see how the NSA feels about that.
In his new book, Kevin Roose fills out an anecdote previously relayed in this column. As far back as 2017, OpenAI leaders Sam Altman and Greg Brockman considered future government nationalization so likely, they debated how to get money in advance from China, Russia and the U.S. for the tools they expected these governments to expropriate.
The idea of runaway doom is one of those fun and frightening pictures that survive only in the moment between dreaming and waking. For the U.S. frontier labs, spending billions to be six months ahead of rivals, the thing to worry about is whether their spending will pay off—and whether government will let it.
Getting to the Point
After rambling on and on, Jenkins finally makes a solid point at the end.
“The thing to worry about is whether their spending will pay off—and whether government will let it.”
I rather doubt the spending pays off anytime soon, even if it does pay off 20 years from now.
The problem is technology changes and costs get cheaper.
Recall the Blowup up Global Crossing
Global Crossing in January 2002 stands as one of the most defining failures of the dot-com and telecom bust. At the time, its bankruptcy filing was the fourth-largest in U.S. history ($12.4 billion in debt against $22.4 billion in assets), trailing only shortly behind the catastrophic collapse of Enron.
The “blowup” was a toxic mix of extreme overbuilding, a collapse in internet broadband demand, and aggressive accounting engineering.
- The Idea: Founded in 1997 by former investment banker Gary Winnick, Global Crossing set out with a massive, capital-intensive goal: to build a 100,000-mile undersea fiber-optic network connecting 200 cities across 27 countries.
- The Illusion: During the late 1990s tech boom, Wall Street operated on the assumption that internet traffic would double every few months indefinitely. Funding poured in, and at its peak in 1999, Global Crossing’s market valuation soared to $47 billion—despite the company never actually generating an annual profit.
- The Reality: The entire telecom industry overbuilt simultaneously. Global Crossing spent $15 billion laying cables, but when the dot-com bubble burst, hundreds of their dot-com customers went under. The market was slammed with a massive overcapacity glut, causing broadband data transmission prices to plunge.
- The Deception: Little to no physical cash or actual services ever changed hands. However, Global Crossing would aggressively book the entire $100 million revenue upfront as immediate profit. Meanwhile, they capitalized the $100 million they spent, spreading the cost out over decades.
The same is going to happen with AI.
Jim Bianco on AI
What Trump Is Talking About
- Super Intelligence
- Reflection Pool
- Kennedy Center
- Ballroom
- Fake News Media
- Daylight Savings Time
- Stolen Elections
- Rouge Courts
- Name Calling
None of those items are in the top ten items voters are concerned about.
Circular Investment Deals in AI Look Similar to the Dot-Com Bubble
We have a race to spend money to keep up. But the models will get better and cheaper as time goes no.
We won’t need as many data centers as budgeted. China will do things faster and cheaper.
Please buy my product, and I’ll use the money to buy yours.

On October 22, 2025 I commented Circular Investment Deals in AI Look Similar to the Dot-Com Bubble
If this reminds you of circular investment in the dot-com era, it’s because it should. The Journal points out Lucent’s lending of billions of dollars to upstart telecom companies fueling Lucent’s growth.
When the financing went bust the scheme crashed.
Now, AMD is paying OpenAI to be a customer, albeit in a different way. The same is going on with Nvidia and OpenAI. But at least it’s not debt financed.
Can anyone tell me when, where, and how much actual profit comes from this?
Everyone understands this but no one cares, for now.
Why China Is On a Pace to Win the AI Race
On October 27, 2025, I commented Why China Is On a Pace to Win the AI Race
China has three big advantages over the US: cheap electricity, an open source model, and fewer capital needs.
Win does not mean hugely better, just way less expensive for similar results.
That will put huge price pressures on expected returns.



Taco only knows how to speak “unintelligently,” as he is a total moron. His dementia is getting worse by the day as it is very noticeable.
HE’S JUST TROLLING YOU FOR GOOD REASON……….Did trumpstein perform the biggest unforced error of any president in past 250 years with Persian war? OR the correct answer.
he was forced by netanyu and the videos of donald raping little boys and girls…………blackmailed. the dummy maga have no clue. do they ? Of course many Ds on those tapes too. The Epstein Class went free under clinton though trump.
Trump is the soul of the “arbitrary and capricious.” Fighting that, is the core of the design of our crowning achievement, due process of law. Against his sort of madness is what my English forebears fought, and our Founding Fathers fought. And thought, and wrote, and created a new level of human life and personal dignity and liberty. It is the greatest social and economic technology ever imagined.
Trump goes all the way to “crapricious:” just making random stupid noise, to hear himself, and fantasize of his brilliance, like the self-involved small-bore bully and wanker he is. But his ability to be so loud and central is very real-world damaging.
long live the empire. 250 years now. old george washington nicknamed my home town, NYC the seat of the empire. letter to mayor of NYC back in the day. i remember when it was published.
Excellent post. 3-star Mishelin award granted for triggering a snowflake and keeping up with Trump’s stupidity in a brutally honest fashion.
Mish: Based on your frequent posts, you appear to have a severe case of TDS. I will not offer medical advice, but suggest you ignore DJT and focus on finance and the economy. That’s what I’m here for.
Then you’re not paying attention, Trump is doing more to damage the economy than any of the past presidents combined. YOU have to have TDS type II to not see the connection.
assholes like that remind me of the little old ladies, for decades, on the afternoon train commute in nyc who would clutch pearls as they read the salacious articles and look at the half naked women on cover of the NYPOST
free thought and free speech are integral components of our economic and financial brilliance, and just basic functionality. This joker is meddling with that daily, with the loudest bullhorn on the planet.
This post had a heavy economy, or at least market focus, if indeed >50% of the spx is AI related.