AI NewsWill Trump Rename AI? Polymarket Prices a Coin Flip by Tomorrow and...

Will Trump Rename AI? Polymarket Prices a Coin Flip by Tomorrow and 69% by Year-End

Polymarket traders see a 53% chance that President Donald Trump will formally rename artificial intelligence (AI) by Sept. 30. The odds rise to 69% for a year-end deadline.

Trump has pushed to swap “artificial” for “super” since mid-September. One State Department bureau already uses the new wording.

What the Trump Rename AI Bet Requires

The Polymarket contract has drawn about $670,000 in volume. Roughly 91% of it sits on Sept. 30, which trades at 53 cents.

Oct. 31 trades at 63% on only $3,179. Meanwhile, Dec. 31 stands at 69% with nearly $60,000 behind it.

Speeches and posts will not settle the bet. It resolves “Yes” only through an executive order, proclamation, or presidential memorandum. That document must adopt a new federal AI name or direct agencies to use one.

From an X Poll to the UN Podium

Trump called the current term “inaccurate, and very ineloquent” and asked followers to pick a new one. In his poll, “Superior Intelligence” won about 41% of more than 230,000 votes. He later dropped “Supreme Intelligence,” citing its link to the Supreme Court.

At the United Nations (UN) General Assembly on Sept. 22, however, he chose a shorter label.

“From this point forward, all of United States documents and hopefully the world’s will be changed to use the much more accurate term ‘super’ as opposed to artificial.”

Two days later, he wrote “Super Intelligence (SI)” in a post about his meeting with Chinese President Xi Jinping.

Already in Use, Not Yet Official

Some officials did not wait for paperwork. The same day, a senior official emailed staff at the State Department’s Bureau of International Organization Affairs, according to AP. The note told them to replace the old term in all documents and positions.

That email does not count for Polymarket. Critics, in contrast, question the rebrand itself. Former Rep. Marjorie Taylor Greene argued that a new name will not calm local anger over data center water use and noise.

Jean-Pierre Dubé, a University of Chicago marketing professor, told Newsweek the label is premature. Superintelligence, he noted, already means AI surpassing human cognition.

Trump is also reportedly meeting AI CEOs on Sept. 29. A signed order before midnight Eastern Time on Sept. 30 would settle the nearest contract. Otherwise, traders will turn to the October and December dates.

- Advertisement -spot_img

More From UrbanEdge

4 Altcoins Post Double-Digit Gains as Most Crypto Bleed Into Early October

Most of the crypto market drifted lower into early October. However, Pump.fun (PUMP), Aave (AAVE), Worldcoin (WLD), and Sky (SKY) went the other way. Santiment ties three of the rallies to project news, including token buybacks, Aave’s lending growth, and a Galaxy Digital development. Why 4 Altcoins are Rallying Total crypto market capitalization slipped only…

Crypto’s Layoff List Grows as Anchorage Digital Reportedly Trims 17% of Its Workforce

Anchorage Digital, the first federally chartered US digital asset bank, has reportedly laid off 17% of its staff. Chief Executive Nathan McCauley told employees about the cuts this week, according to The Information. The report cited people familiar with the matter and tied the layoffs to a year-long crypto market slump. Anchorage has not publicly…

Citadel Says Wall Street’s Biggest Buyers Are Ready to Reload Stocks in Q4

Citadel Securities says retail traders, buybacks, and quant funds will reload stocks in Q4. Here is the case and the risks. The post Citadel Says Wall Street’s Biggest Buyers Are Ready to Reload Stocks in Q4 appeared first on BeInCrypto.

Nvidia Hits Record High, Wall Street Still Sees Up to 99% Upside

Nvidia stock finally broke through on October 2. Shares hit a new all-time intraday high of about $237.83, overtaking the previous May record. The immediate catalyst came from Morgan Stanley. Analyst Joseph Moore restored Nvidia as the firm’s top semiconductor pick after meetings with CEO Jensen Huang and CFO Colette Kress.  Why Nvidia Stock Price…

Netflix Stock Lost Nearly 50% of Its Value in a Year. Will It Keep Falling?

Netflix stock tests its 2021 peak near $68 after Ted Sarandos admits growth is slowing ahead of October 20 earnings. The post Netflix Stock Lost Nearly 50% of Its Value in a Year. Will It Keep Falling? appeared first on BeInCrypto.

US Rallied Bitcoin and Iran Crashed It In a Dramatic 24 Hours for Crypto

Bitcoin fell from $87,000 as UKMTO reported a Hormuz tanker attack. Oil held steady. Here is what the data shows. The post US Rallied Bitcoin and Iran Crashed It In a Dramatic 24 Hours for Crypto appeared first on BeInCrypto.

Quantum Discussion at UN Headquarters: How are Financial Systems Preparing?

Are quantum computers still years away from breaking modern encryption at scale? Or is Q-Day almost here? Regardless of the answer, Governments are no longer waiting. On Friday, BeInCrypto led the regulatory discussion on Quantum risks at the UN Headquarters during the Government Blockchain Association’s Future of Money, Governance and the Law summit. But why…

How Man City’s Premier League Verdict Could Damage the UK Economy

UAE officials warn a harsh Man City penalty could cool UK investment, putting a £30 billion partnership in the spotlight. The post How Man City’s Premier League Verdict Could Damage the UK Economy appeared first on BeInCrypto.

Ethereum Network Blast Is Shutting Down: Who Controls Users’ Last $51 Million?

Blast is shutting down. Users must withdraw by October 26, but 3 keyholders control the contracts holding their funds. The post Ethereum Network Blast Is Shutting Down: Who Controls Users' Last $51 Million? appeared first on BeInCrypto.
- Advertisement -spot_img