Elon & Altman Labor "Psyop"

Elon and Sam Altman, combined, have the largest reach AND influence of any web-connected celebrity.

Thus, when they speak in unison, one should pay attention but not necessarily believe it...

Labor Price Shock & US Inflation

The US-China talks continue to go nowhere. Trump's bluffs play empty on Xi.

In the meantime, and to the chagrin of Russia, the US has resorted to military action in the Caribbean to substitute narco capital for Chinese, as discussed in this post.

Onshoring Labor = Massive Cost-Push Inflation

Critical to keeping inflation in check means setting market expectations - again, inflation, itself, remains a phenomenon based on expectation: if today, wages jump because of Chinese tariffs on finished goods, but market players anticipate a deflation "any day because of AI" in wages, then presumably, the market would then direct capital into wage-deflating capital investment instead of commodities, thus preventing a self-reinforcing spiral from a wage cost-push inflationary shock.

Elon & Altman - Tuning the Algo's

With their combined reached and depth, both Elon & Altman work on behalf of the Trump administration to help contain inflation expectations: neither one of them actually acts on his words regarding imminently-replaced labor - in fact, if one considers what both men do with their capital, they continue to hire Asian laborers in droves - contrary to their insistence that labor will prove worthless within a few years because of AI.

Trillions Have Poured into AI - Instead of Commodities & Finished Goods

Americans should perhaps be hoarding finished goods, but instead, the entire world chases meme AI stocks.

Just as crypto absorbed inflation dutifully during the COVID QE era, AI-covariate stocks have absorbed what would otherwise be speculative inflows into commodities that would sky-rocket interest rates and collapse the Trump administration.

More AI Propaganda Indicates Failing China Trade Talks

If Xi makes terms with Trump, one should see the AI mania attenuate, as there remains no further wage cost-push spiral crisis threatening the American economy.

However, as long as Elon & Altman get media attention for predicting the "end of labor" and the "end of employment", be assured that the Xi-Trump trade talks continue to go absolutely nowhere.