“Please Regulate Me”

FTX, OpenAI, and USDC [Altucher Confidential] June 12, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Altman and his "AI Moratorium Movement" cohort have been seeding fear-inducing ideas among regulators, most still playing catch-up. But why? [Hero_Image] “Please Regulate Me” By Chris Campbell Tiny AI Stock Targeted For Buyout Deal? [A massive buyout alert has just been issued]( on a tiny AI company that could skyrocket in the coming months, weeks, even days. And according to James Altucher, a man who has made millions of dollars on these kinds of deals… This could be a once in a lifetime opportunity for you to make a fortune. He’s revealing all of the details in the video below (including a leaked memo from Google). [Click here for more...]( You can watch it by [clicking here](. [Chris Campbell] CHRIS CAMPBELL Dear Reader, Jeremy Allaire, the mind behind Circle which issues the stablecoin USDC, has been a vocal advocate for stablecoin regulation. The reason is quite clear: USDC is aiming to transform into a federally-backed full-reserve bank. (AKA, CBDC-lite.) [ALC] You know who else was calling for regulation in his own industry? The “next Warren Buffett.” SBF. And for similar reasons to Allaire. [ALC] And then there’s Sam Altman, founder of OpenAI. He’s advocating for extensive limitations on artificial intelligence development. And it invites the inevitable question: Why? [pub] Crypto is artificial scarcity, AI is artificial abundance. They’re also two very different industries. While crypto has its fair share of harsh rhetoric, unlike AI, it’s mostly coming from the regulators, not the regulatees. Altman, along with his comrades in the "AI Moratorium Movement," have been disseminating a whirlwind of ideas, all of which appear to have one purpose: to send shockwaves of fear through regulatory bodies, most of which are just getting their bearings. It brings to mind George Gilder's book, "Life After Google," in which he recounts the notorious Asilomar conference, bankrolled by none other than Elon Musk. With his characteristic flair, Gilder portrayed the gathering as a profound intellectual meltdown: “All the Google people were there to tell the world that the biggest threat to the survival of human beings was artificial intelligence, which they themselves were creating. What a great bonfire of vanities!” But perhaps this time something else is happening. Perhaps Altman is no different from Allaire and SBF. Perhaps. Attention! Before You Read Any Further… [Click here for more...]( Hey, it’s James. Before you read any further in today’s issue, an urgent situation needs your immediate attention. If you don’t plan on claiming this upgrade to your Altucher’s Investment Network subscription, you’re missing out on a huge opportunity. Right now is your chance to grab one of the biggest (and most valuable) upgrades our company has ever made to a newsletter. I’m taking Altucher’s Investment Network to an entirely new level and I’d hate to see you left behind. [To see how to claim your upgrade, just click here now.]( Once you’re done with that, read on to see today’s issue… “Please Regulate Us” “It’s an old, old story,” says Dave Gonigam of [5 Bullets]( -- “a businessman in the forefront of an emerging industry, professing concern for the good of humanity and asking the government to take action. Of course, such ‘action’ would have the effect of cementing said businessman’s leader-of-the-pack position and throttling any upstart competitors.” In the late 19th and early 20th century, John D. Rockefeller's Standard Oil Company advocated for regulations that would benefit it at the expense of smaller competitors. They supported railroad rebates which allowed Standard Oil to ship their products at much lower rates than their competitors, effectively pushing out any competition and allowing Standard Oil to gain monopoly status. Following the financial crisis of 2008, large banks championed regulations that could act as barriers for smaller entities. The Dodd-Frank Act was meant to increase oversight and reduce risk, but the increased compliance costs associated with it were much harder for smaller banks to bear, resulting in consolidations and market exit, and further consolidating the power of larger banks. (The cost of compliance hit a screaming $10.4 billion per year by 2016, resulting in some 73 million paperwork hours annually.) Facebook's Zuckerberg has famously called for increased internet regulation in areas of harmful content, election integrity, privacy, and data portability. These censorship-heavy regulations would undoubtedly act as barriers to entry for smaller startups that don't have the resources to comply, thus securing the position of large tech giants. We can either lament this and throw up our hands… Or we can see the diamond opportunity in the rough. See, beyond the confines of DC, these titans enjoy an additional advantage: They can effortlessly engulf their rivals, much like a serpent ensnaring a hapless mouse. The Opportunity “I’m predicting a massive wave of AI buyouts in the next few months,” says James, “many of which could be just as big or even bigger than Microsoft’s move.” A recently-leaked memo from Google just slid past James’ desk, revealing that perhaps AI might live up to its hype. In his latest [videocast]( below, James shows that a tiny AI company could be in the crosshairs of major NASDAQ players — and a buyout deal could be announced at any moment. Investors who get in early have the opportunity to potentially seize a quick share of the buyout windfall. James has solid, compelling data to support his claims, and [he's inviting you to see it for yourself at this link](. Until tomorrow, [Chris Campbell] Chris Campbell For Altucher Confidential --------------------------------------------------------------- New Biden Bucks Follow-Up Available Now Hey, it’s Jim Rickards. Since posting my original Biden Bucks presentation online, millions of people have viewed it. Snopes and the Associated Press have even attempted to “fact check” me and claim my warnings are false: [Click here to learn more]( Point being, my message has raised a storm and caused a lot of controversy. But in the time between my message and now, a lot of new developments have come to light. That’s why I’ve just released an update to my original prediction… one which will likely be even more controversial. [>> Click here now to access my new 2023 Biden Bucks follow-up](. [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@altucherconfidential.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. 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