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The Assembly
@InTheAssembly
Macro analysis, market structure, and the trades nobody else is showing you. Join 3700+ members here:
参加 September 2012
20 フォロー中    565.4K ファン
IT’S FINALLY HAPPENING… The Nasdaq just had its worst day in years and a lot of it traces back to one idea: that Democrats are going to shut AI down. Here's where that came from, and what you should do RIGHT NOW: Two days after Democrats won both chambers, Rep. Yassamin Ansari called for a pause on advanced AI development as a day one priority. There's a real bill behind it too. Sanders and Casar introduced the Ban Artificial Superintelligence Act in September. But the new Congress isn't sworn in until January. Nothing gets paused or banned before then, and a lot has to happen after… The other thing driving the fear is the "if we slow down, China wins" argument. I don't buy it. China already leads in a lot of what AI runs on. It generates more than twice the electricity the US does. It installs over half the world's industrial robots every year. It files most of the world's AI patents. The US still leads on the best models and the money, by a lot. BOTH COUNTRIES CAN WIN THIS. It's not a game where one side takes everything. Anyway, I’m not panic selling over a bill that can't get a vote until January. While everyone was selling, we bought 2 new stocks and added to another one. Members got all three the same day, with our entries. You'll probably hear about them later. By then they won't be at these prices though… If you actually care about your future, join The Assembly from our bio.
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