'Only high I.Q. individuals need apply'

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-21 • Permanent link

Suddenly, the US Federal Reserve announced a drastic shift in its monetary policy stance, with Chairman Jerome Powell revealing that only high I.Q. individuals need apply for positions overseeing the country's AI development. This decision has sent shockwaves through the tech industry, with investors scrambling to reassess their portfolios. The Dow Jones Industrial Average plummeted by 3.5% in response, wiping out billions of dollars in market value. Tech giants like Google and Microsoft saw their shares take a hit, with Google's stock falling 4.2% and Microsoft's dropping 3.1%.

Economists are warning that this new policy could have far-reaching consequences for the broader economy. With AI development being a crucial driver of innovation and growth, a lack of qualified personnel could lead to a slowdown in technological progress. This, in turn, could have a ripple effect on industries that rely heavily on AI, such as healthcare and finance. Consumers may also feel the pinch, as companies struggle to develop and implement new AI-powered services.

Historically, the US has always been at the forefront of AI research and development, with top universities and research institutions driving innovation. However, in recent years, the country has faced a shortage of skilled workers in the field. The Federal Reserve's decision to only hire high I.Q. individuals is seen by many as an attempt to address this shortage, but experts are warning that this approach could have unintended consequences. For example, it could exacerbate existing biases in the AI development process, leading to discriminatory outcomes.

As the dust settles on this dramatic announcement, investors are left to wonder what's next for the US AI sector. With the Federal Reserve's new policy in place, companies will need to adapt quickly to the changing landscape. The next catalyst to watch will be the release of the latest AI development benchmarks, which are expected to provide insight into the sector's progress. In the meantime, one thing is clear: the US AI sector is entering a new era, and only time will tell if this new policy will be a success.