Democrats threaten “Robot Tax” on businesses using AI to replace human laborIf the government punishes businesses embracing new technology and creating efficiency, then America’s economy will no doubt fall behind China and other rivals...
Hello Capitalists,Here is everything you should be following today:
Today’s markets:
Democrats threaten to tax businesses leveraging AI - Reasonable or Communism?Senate Democrats, led by Bernie Sanders, unveiled a stark report Monday warning that AI could wipe out nearly 100 million U.S. jobs in the next decade, urgently demanding a “robot tax” on firms automating roles to fund worker retraining and offset lost payroll taxes.
Big Question: Should businesses embrace AI to remain competitive, or stifle progress to protect human roles?Editor’s thoughts: If the government punishes businesses embracing new technology and creating efficiency, then America’s economy will no doubt fall behind China and other rivals whole-heartedly marching towards progress. America’s work force needs to discover creative new ways to provide value to employers and remain relevant in the marketplace. This will also likely stunt the growth of new AI industries and use cases yet to be invented. Together with Natural Health Response COVID jab LIES exposed [Liberals Outraged]Dear Reader, RFK Jr is preparing to drop a political BOMBSHELL in 2025… His handpicked panel of CDC vaccine experts are finally going to EXPOSE the truth behind the COVID jab. And liberals are FURIOUS. But that’s only the beginning… RFK Jr is also warning Americans about a brand-new threat that could be even deadlier… And if you were born on or before January 1st, 1965, then you’re most at risk. Liberals in Congress are doing everything to undermine the truth… But the stunning data he’s compiled will chill you to the bone. Get the full facts here while it’s still available online. P.S. I’ll be blunt, if you’re over the age of 60 then the RFK Jr warning exposed in this video will make you angry… but it could also save your life. Watch it here now while it’s still available online. Gold prices soar to historic All Time HighsGold prices shattered records Tuesday, soaring to a historic $4,000 per ounce amid escalating geopolitical tensions and economic fears, as investors worldwide flock to the safe-haven asset for protection against inflation and U.S. policy disruptions—futures last traded at $4,005.80, up over 50% year-to-date.
Trump just made a huge mining move in Alaska for rare earth mineralsTrilogy Metals’ shares skyrocketed more than 170% in premarket trading Tuesday after the U.S. government announced a million dollar investment for a stake in the company.
Concerns continue to mount over a Dot Com 2.0 Bust for AI stocksAnalysts and experts continue to sound the alarm over a potential Dot Com Bust 2.0 in the AI space as AI stocks continue to climb. Market Gets Jittery: Concern has ramped up in recent days after the announcement of OpenAI’s deal with AMD. Wild Appreciation In Value: AMD’s share price jumped 35% on Monday off the back of the announcement. Experts See Clouds On The Horizon: Michael O’Rourke chief market strategist at Jonestrading issued a warning that “The market is pricing these deals as if everyone who transacts with OpenAI will be a winner …… OpenAI is a negative cash flow company and has nothing to lose by signing these deals. Investors should be more discerning. But this is a buy-first, ask-questions-later environment.” Sentiment Echoed: Brian Mulberry, client portfolio manager at Zacks Investment Management Inc warned of the possible effects and fallout “It reminds me of what happened with telecom back in the mid-nineties … If any one of these deals falls through it has this domino effect downstream that I think is concerning,” Read More: “The AI Boom’s Fragile Foundations”Mobile Ad company plunges over SEC investigation in to ad tracking breachesMobile ad giant AppLovin’s stock plunged 14% Monday after a Bloomberg report revealed a U.S. Securities and Exchange Commission investigation into its aggressive data-collection practices, sparked by whistleblower complaints and short-seller accusations of violating major app store terms.
Jimmy Kimmel’s “Live!” is on life supportJimmy Kimmel’s “Live!” returned to ABC on Sept. 23 amid backlash from his false claim linking Charlie Kirk’s assassin to MAGA, but Thursday’s episode drew just 265,000 key adults 25-54—a staggering 85% drop from the hyped premiere’s 1.7 million.
Eurozone finally wakes up to Stablecoins and the fact they are losing the race to the USAIn Brussels on Thursday, Eurozone finance ministers will huddle to plot a Euro stablecoin surge, countering U.S. dominance in the $300 billion digital token market—where Euro versions limp in at just $620 million—amid forecasts of explosive decade-long growth.
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