Issoeoif

U.S. senator Bernie Sanders just said he will introduce a bill that would put a one-time 50% tax on OpenAI, Anthropic, and xAI paid in stock, not cash. The government would get voting shares and an equal seat on each company's board, and the stock would fund a public fund owned by citizens. He pointed to Norway, whose oil-funded sovereign wealth fund is now worth more than $2T, and Alaska, which built one from oil revenues 50 years ago and pays annual dividends to residents. He also noted the AI companies have already floated their own versions: OpenAI proposed a "public wealth fund," and Anthropic's "national sovereign wealth funds with stakes in A.I." Sanders: "A.I. is being built on a public resource far more valuable than oil: the accumulated knowledge, creativity and labor of mankind."

$MSFT probably the most underrated mega currently Satya has played this all to a tee. Owns 27% of OAI + all the IP. Why would you take on all of the high risk training capex/low reward when you can offload it to someone else? They still get the inference $ that you can bring on directly tied to demand signals and the IP. They are spending big, but I believe they have direct line of site to revenues Office/Apps provides one of the largest surfaces to deploy AI on in the coming years. Long runway of value to deliver. They have the optionality from their minority stake if OAI becomes the big winner, but is clearly pursuing the strategy of becoming the neutral provider of infra, as they have for years. Outside of GOOG, I actually think they are best navigating this landscape

The odds of Jesus Christ returning in 2026 keep rising. One user will win $500,000 if he is right. Will need to keep an eye on this market.

If someone argues that retail traders can be successful but they have to "keep grinding" or "persevere" and that person - Runs a funded trader business - Sells subscriptions to retail traders - Sells paid access to a chat - Produces 'trader education' content that they sell ads against - Participates in affiliate programs (e.g. Kalshi) then you should discount everything they say. Their continued future profits depend on a steady stream of punters willing to "keep grinding" despite the losses.