JUST IN : TRUMP SAYS HE WILL SEND $5,000 TO EVERY SINGLE AMERICAN IF HIS PARTY WINS THE MIDTERM ELECTIONS TRUMP SAYS HE WILL ISSUE A “DIVIDEND” TO CITIZENS IF GOP WINS SENATE & HOUSE

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.

Trump expresses his ongoing irritation with how economic indicator reports that provide any evidence of overheating lead stocks to pull back. He renews his demand for lower interest rates: "The Fed Board, with its great new leader, must get smart - BE PATRIOTS for a change."

JUST IN: The Pentagon launches Grok and ChatGPT for military use

JUST IN: The WSJ reveals employers keep posting “ghost jobs” that never seem to get filled or may not even exist.

“People wouldn’t create anything without a profit motive.” Literally the entire internet was compiled almost virtually for free by nerds and randos. It didn’t start to suck until corporations turned it into a dystopian hellscape of ads and misinformation.

$AAPL - APPLE ALLEGES OPENAI DEFENDANT USED TRADE SECRETS TO TRAIN AI Apple alleges a defendant in its trade-secret case against OpenAI accessed a proprietary power-converter circuit schematic while at OpenAI and used confidential Apple information to train an AI agent, according to a legal filing. Apple says the new evidence came from a MacBook provided by OpenAI on Aug. 21 during legal proceedings. The company is asking a U.S. federal court to expedite discovery in the case.