Trump Says AI Terminology Will Soon Be Officially Banned in All Documents
Event: On October 28, U.S. President Trump said the term artificial intelligence (AI) would soon be banned in all related documents, after previously signing a document renaming AI as “superintelligence.”
Affected assets: AI-themed tokens (FET, TAO, RNDR, WLD) and BTC, which is correlated with tech stocks.
Reason: The administration’s rewording of official terminology asserts control over naming, pointing to model oversight and accountability for AI labs, and could disrupt the AI narrative and risk appetite in the short term.
Resistance levels: FET 1.40, TAO 320.
Support levels: FET 1.10, TAO 260.
Outlook: The policy statement is likely to affect sentiment mainly in the short term. The AI sector could come under pressure if U.S. tech stocks pull back; over the medium to long term, the fundamentals of computing power and real-world adoption remain unchanged.
About the tokens: $FET (Fetch.ai) is the native token of an AI agent and decentralized machine-learning network; $TAO (Bittensor) is a decentralized AI training incentive network.
Event: On October 28, U.S. President Trump said the term artificial intelligence (AI) would soon be banned in all related documents, after previously signing a document renaming AI as “superintelligence.”
Affected assets: AI-themed tokens (FET, TAO, RNDR, WLD) and BTC, which is correlated with tech stocks.
Reason: The administration’s rewording of official terminology asserts control over naming, pointing to model oversight and accountability for AI labs, and could disrupt the AI narrative and risk appetite in the short term.
Resistance levels: FET 1.40, TAO 320.
Support levels: FET 1.10, TAO 260.
Outlook: The policy statement is likely to affect sentiment mainly in the short term. The AI sector could come under pressure if U.S. tech stocks pull back; over the medium to long term, the fundamentals of computing power and real-world adoption remain unchanged.
About the tokens: $FET (Fetch.ai) is the native token of an AI agent and decentralized machine-learning network; $TAO (Bittensor) is a decentralized AI training incentive network.