MIT mathematically proved that AI will destroy the democracy. A Nobel-winning MIT economist published a terrifying paper called "Automation and Repression" As AI and automation replace human labor, wealth concentrates heavily in the hands of a tiny group of capital owners. Inequality skyrockets. When inequality hits a critical mass, workers realize they are being crushed and the threat of a popular revolt spikes. Faced with that threat, the ruling elite are forced to make a choice. They can redistribute the wealth through taxes, or they can use force to keep people down. The paper mathematically proves a dark reality: there is a direct, inescapable link between automation and political repression. The more capital accumulates through AI, the more the elite prefer repression over redistribution. Why? Because sharing the wealth cuts into their power. Funding a police state protects it. It gets worse. The authors modeled what happens when an economy starts inside a clean, stable democracy. As automation advances and capital concentrates at the top, the math shows that the elite eventually find democracy to be a liability. They stop supporting democratic systems. They back a coup. They install a repressive system just to protect their automated wealth. Nobody is voting to end democracy. The technology’s economic incentives just make authoritarian control the logical next step for survival.

JUST IN: Jim Cramer visits Micron’s R&D chip facility in Boise, Idaho, after declaring the stock can "double" from current levels.

Incredible. Jensen is completing the circle. - Bankers don’t like GPUs as collateral because the depreciation is unpredictable - It’s unpredictable because a new GPU can obsolete an old one - Jensen knows his own roadmap - so he’s offering depreciation insurance to the banks - the depreciation insurance (up to 25%) helps the banks get marginal deals over the line Speculation - Nvidia will also advise the banks on “reference designs” for datacenters that will make them fungible - Having them be fungible means that the debt can repackaged into Asset Backed Securities, Collateralized Loan Obligations and Collateralized Debt Obligation (ABS, CLOs and CDOs from 2008 haha) - This allows tranching to get investment grade ratings on the debt so that it can be resold to pension funds and insurance firms - It also allows the banks to trade idiosyncratic project specific credit risk for sector wide credit risk So Jensen is trying to get his customers the same cost of financing as real estate rather than venture equity. This is going to move the data center game out of the VCs and into the big leagues.

I'm not sure folks have realized just how crazy the second half of 2026 and 2027 will be for global temperatures – on the back of a record-smashing El Niño event. Here is my latest estimate of where both years will end up compared to global temperatures since 1850.