To every American, and to everyone watching France burn from abroad: Do not blame the French people for this. We never asked for it. We never voted for it. And the one time we were clearly asked, we said no. Here are the numbers your media won't show you. 70% of the French say there are too many immigrants in France today. 79% want a tougher immigration policy. 77% disapprove of the government's record on immigration. 83% want foreign criminals and long-term unemployed foreigners sent home. And no, it's not just the old. 69% of French 18 to 24 year olds support suspending legal immigration for three years. This is not a fringe. This is the French people. In 2005, we were asked if we wanted the European Constitution. 55% voted no. Three years later, our politicians passed the same text under another name, through parliament, without ever asking us again. That is modern France in one sentence. The people say no. The elites do it anyway. So who is responsible? The politicians who lied to us. A class of leaders formed in the same schools, the same forums, the same networks, loyal to each other before they are loyal to their nations. In 2017, at Harvard, Klaus Schwab, founder of the World Economic Forum, bragged about his Young Global Leaders program in four words: "We penetrate the cabinets." He added that it was true in France. Emmanuel Macron was one of his Young Global Leaders. It's the same project in Brussels with Ursula von der Leyen and in Paris with Macron. Borders treated as an obstacle. Nations treated as relics. The people treated as a problem to be managed. What you are watching in France is not the French people failing. It is the end of the globalist project, an abject, quasi-communist dream of a world run by unelected planners. It is collapsing everywhere in Europe at once, and the West has to cut this cancer out before it takes the rest of the body with it. The peoples of Europe don't want this. They never did. So when you see our town halls burning, don't say "the French chose this." The French never chose this. They were forced into it. If you're French and you agree, repost this so the world hears it from us. If you're American, look at us carefully. Then choose differently on November 3rd.

I think AI is going to destroy all forms of fraud. Not reduce it. Destroy it. Today, fraud survives thanks to one thing: opacity. Thousands of spending lines nobody reads. Public contracts nobody cross-checks. Conflicts of interest buried in 400-page reports nobody opens. Fraudsters don't win because they're smart. They win because the system is too complex for humans to monitor. AI changes that equation forever. Tools like Palantir will make political fraud simply impossible. Every euro of public money traced. Every contract analyzed. Every inconsistency flagged in real time. What took a parliamentary inquiry ten years will take a model ten seconds. And here's what happens next: the people themselves will demand it. Once citizens understand it's technically possible to follow every cent of their taxes, they won't accept being told no. Total transparency of public life will become a popular demand. That's why I'm so hopeful. Look at the chaos of the world right now. The mess, the distrust, the anger, the feeling that nothing works. So much of it is tied to fraud and the inefficiency of public policy. We pay more and more, we get less and less, and no one is ever accountable. Now imagine three forces combined: the fight against fraud, the power of AI, and the end of mental communism, the idea that the state knows better than you what's good for you and answers to no one. The result is a world that's far more just. Far more efficient. A world where power finally answers to the people. We're at the dawn of it. The coming years won't be the years of fearing AI. They'll be the years AI gives power back to the people. I've never been more optimistic.

Everyone talks about AI regulation as if it were a neutral, technical question. It isn't. To understand who wants to control AI, you first need to understand how the world is actually governed today. It's not just governments. It's a web of international agencies, NGOs, foundations, consultants, and the regulators they all orbit around. And it runs on a mechanism with a boring name and enormous consequences: regulatory capture. Here's how it works. A rule gets written. The people who understand it best are the incumbents it's supposed to regulate, so they help write it. Compliance becomes so expensive that only the big players can afford it. The rule that was meant to constrain them becomes their moat. Then the regulators leave for jobs at the companies they regulated, and the cycle starts again. Now add the philanthropic layer. The Gates Foundation is one of the largest funders of the WHO, giving more than most member states. Most of that money is earmarked, which means it goes to the priorities the donor picks, not the ones countries vote on. It co-founded Gavi and sits at the table of the global health architecture it finances. One unelected private foundation shaping the health agenda of billions of people. Soros's Open Society Foundations has given away tens of billions of dollars, much of it to advocacy, legal, media and political organizations. Whatever you think of the causes, that's private money buying a seat in public debates across dozens of countries, without a single voter being consulted. Add the UN agencies, the conference circuit, and the NGOs funded by the same governments they claim to hold accountable. You get a closed loop. The same networks fund the studies, write the reports, staff the agencies, advise the regulators, and then fund the NGOs that applaud the result. They call it philanthropy. I call it influence without accountability. Maybe some of them sincerely believe they're doing good. It doesn't matter. A system where a handful of billionaires and institutions set the agenda for everyone and answer to no one is a broken system. And that system runs on one thing: opacity. The complexity is the feature. Nobody can read every report, follow every dollar, map every board. AI ends that. When a model can trace every grant, every earmarked contribution, every revolving-door career and every NGO funding stream in seconds, the loop becomes visible. And what becomes visible becomes contestable. Elon understood this early. But it won't come down to one man. It will come down to the tools themselves. That's why you should listen very carefully when someone tells you AI is too dangerous to be left free and must be "governed" by states and international bodies. Ask who will sit on those bodies. Ask who will write the rules. Ask who will fund the experts advising them. Captured AI is the only scenario where this system survives. An AI that's licensed, filtered, and aligned to values defined by the right institutions isn't a check on power. It's the most powerful tool power has ever had. Free AI is the opposite. It's the end of the information asymmetry that made all of this possible. So be vigilant. Not about AI. About who wants to own it. The old system is dying. Don't let it buy itself a second life.

My dear American friends, in my last post I showed you a number that should terrify you: 70% of Millennials say they're pro-socialist. Today I want to show you why. Not with emotion. With pure logic. Step by step, A plus B, until the conclusion is impossible to escape. Adults, this one is for you. Read it, then explain it to the young people in your life. Start with Peter Thiel. Years ago he summed up our era in one line: we wanted flying cars, instead we got 140 characters. His thesis is that since the early 1970s, the world of bits has kept racing forward while the world of atoms has stalled. Computers, phones, software, the internet: incredible progress. Housing, energy, transportation, medicine, education: stuck. We build almost nothing physical faster or cheaper than our grandparents did. Why would progress stop in some places and not others? Same country, same people, same capitalism. The only thing that differs is how much the state is involved. Here is the proof. Step one: look at prices. Since 2000, in America, the price of TVs has fallen by more than 90%. Software, phones, toys, clothing: cheaper and better every year. Over the same period, college tuition, hospital services, childcare and housing have more than doubled. Step two: look at which is which. The goods getting cheaper are the ones where companies compete freely and the state mostly stays out. The goods exploding in price are the ones where the state regulates the most, subsidizes the most, or controls who is allowed to sell. Step three: look at what young people complain about. They don't complain about TVs. They complain about rent, student debt and healthcare. Exactly the three sectors the state controls the most. That's not a coincidence. That's a pattern. Let's go one by one. Housing. In many American cities, most residential land is zoned for single-family homes only. Building an apartment building can take years of permits, hearings, environmental reviews and lawsuits from neighbors. When you make it nearly illegal to build, supply can't keep up, and prices go up. The young don't have a capitalism problem. They have a permission problem. Education. Washington hands out loans without asking whether the degree is worth it, so universities raise prices because they can. The money doesn't go to better teaching. It goes to layers of administrators that have grown faster than the faculty. And the accreditation system makes it extremely hard for a new, cheaper school to compete. The incumbents are protected. The students pay. Healthcare. In many states, if you want to open a new hospital or even buy a new MRI machine, you need a "certificate of need," permission from a board where your future competitors often have a say. The number of residency slots that train new doctors is effectively capped by Medicare funding. Getting a new drug approved costs billions. Every rule adds a layer. Every layer adds a cost. Every cost lands on the patient. Energy. America built dozens of nuclear reactors in the 1970s. Since then, only a handful, years late and billions over budget. Not because physics changed. Because the rulebook did. Now step four, the most important one. Who benefits from all these layers? Not the young. Not the poor. The incumbents. The big hospital systems, the big universities, the big developers, the big pharma companies, the big unions. Every complex regulation is a wall that only the giants can afford to climb. So they lobby for more of it. They fund the politicians who write it. They hire the regulators when they leave office. That's not capitalism. That's cronyism. Capitalism is a newcomer allowed to compete. Cronyism is an incumbent paying the state to stop him. Step five: so what do young people see? They see prices going up, a system rigged for insiders, and no way to build anything for themselves. Their anger is legitimate. Their diagnosis is wrong. They look at the result of the state's capture and call it capitalism. Step six: and what cure are they offered? Socialism. Which means giving the state even more power over housing, education, healthcare, energy. Giving the keys of the house to the exact institution that locked them out of it. Follow the logic to the end. If regulation creates cronyism, then total regulation creates total cronyism. If a little state control makes things expensive, total state control makes them scarce. That's not theory. The Soviet Union had a ruling class with its own shops, cars and dachas while ordinary people stood in line for bread. Stalin's collectivization caused a famine that killed millions in Ukraine. Mao's Great Leap Forward caused a famine that killed tens of millions. Venezuela went from one of the richest countries in Latin America to a nation where millions fled. Every time the state got all the keys, the insiders ate and the people starved. So here's the conclusion, and there's no escaping it: Where entrepreneurs are free to compete, prices fall and life gets better. Where the state controls, prices rise and insiders get rich. Young people are suffering in the sectors the state controls. Socialism means handing the state everything. So socialism gives you more of the very thing that's hurting you. The enemy is not capitalism. The enemy is a state captured by insiders, blocking the builders who would solve your problems. Adults, this is your job now. Don't tell the young they're stupid. Don't tell them their anger is fake. Tell them they're right to be angry, and show them where to aim it. Ask them: what got cheaper in your lifetime, and what got more expensive? Who controls each one? Let them do the math themselves. The real counter-revolution isn't against the young. It's with them. Free the builders. Let people build homes, open schools, open clinics, build reactors. Give the next generation a stake in the system, and they'll defend it with their lives. I come from your future. We gave the state the keys. Don't make the same mistake.

My dear American friends, in my last post I gave you a snapshot of where France stands today. Now let me show you how we got here. I want you to see the whole movie before you buy the ticket. After the war, France was a machine. We called it the Trente Glorieuses, thirty glorious years. We built Concorde, the most beautiful aircraft ever made. We built a fleet of nuclear reactors in about fifteen years and gave ourselves some of the cleanest, cheapest electricity in the world. We built Ariane and put Europe in space. We built the TGV, the fastest train on earth. We invented the Minitel, an online network in millions of homes before most of you had heard of the internet. We were not a museum. We were builders. Then came 1981. François Mitterrand. Think of him as our Bernie Sanders, except he actually won. At his side, in the office next to his at the Élysée, sat a 37-year-old prodigy named Jacques Attali, his special adviser for the next ten years. The brightest minds of the left, convinced they could run an economy from a ministry. Here's what they did. They governed with Communist ministers. In 1982 they nationalized dozens of banks and the biggest industrial groups in the country: Paribas, Suez, Saint-Gobain, Thomson, Pechiney, Rhône-Poulenc. They lowered the retirement age to 60. They cut the work week to 39 hours and added a fifth week of paid vacation. They created a wealth tax. They hired massively into the public sector. Reality hit in less than two years. Capital fled, inflation ran wild, and the franc was devalued three times. In March 1983 Mitterrand had to slam on the brakes and impose austerity just to stay in the European monetary system. But here's the trick: the brakes never reversed anything. They just slowed the ratchet. The so-called right came back with Jacques Chirac, and nothing was undone. Under Chirac's presidency, France passed the 35-hour work week. Left or right, every government added one more program, one more rule, one more tax, and nobody ever took one away. At the same time, the political class did something even more destructive than bad economics. It turned the youth into a political instrument. Instead of teaching young people, including millions of children of immigrants, to love the country they lived in, it taught them a story of guilt and grievance: France as the oppressor, France as the thing to resent. You cannot integrate people into a country you've taught them to despise. We are living with the consequences of that narrative today, in our schools, our suburbs, our streets. Then forty years of slow decline, all the way to Macron. And the story has a perfect ending. In 2007, Jacques Attali chaired a commission on how to unleash French growth. Its deputy rapporteur was a young civil servant named Emmanuel Macron. The commission proposed more than 300 reforms to free the economy. Almost none were ever implemented. Even the men who built the system knew it wasn't working, and even they couldn't undo it. No balanced budget since 1974. Public spending around 57% of GDP. Debt above 3,300 billion euros. Growth stuck under 1%. Now the number that should keep you up at night. In 1995, GDP per person in France was about $27,000. In America, about $29,000. We were neck and neck. Today France is around $49,000. America is around $90,000. You are now nearly twice as rich per person as we are. What changed? Not our talent. Not our engineers. Not our schools of mathematics. The only thing that changed is that we went all in on socialism. The 35 hours, the endless regulation, the taxes that chase out anyone who builds, the belief that the state should do everything and the individual should ask permission for everything. There's a line people love to attribute to Einstein: insanity is doing the same thing over and over and expecting different results. We tried. For forty years, we tried. Every government promised that one more program, one more tax, one more regulation would finally fix things. You just saw where it got us. So if you choose the Democratic Party, which is literally turning socialist in front of your eyes, you will deserve what comes next. Let me tell you exactly what will happen if you go down that road. Nobody will vote for decline. Every single measure will sound generous, compassionate, reasonable. Your builders will slowly leave or stop building. Your state will grow every year and never shrink. Your debt will compound. And in thirty years, your kids will look at a chart like the one I just described and wonder when it all went wrong. You still have something we lost. You have Elon Musk sending rockets to orbit and landing them on their tail. You have Palmer Luckey building the defense industry of the future. You have Jeff Bezos, Jensen Huang, and thousands of founders nobody has heard of yet, building in garages right now. Trust your entrepreneurs. Don't trust your politicians. I come from your future. Don't make it yours.