6Pages Market Shifts

3 Shifts Edition (Dec 12 2025): Trump's order on national AI regulation, Bans on minors using social media, Geothermal quietly gains more steam

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Hi everyone – welcome to your 3 Shifts Edition [AI-generated audio version].

First, Trump just signed an executive order that sets a course for a national AI policy framework (vs. the growing patchwork of state AI laws). Until federal laws are passed that preempt state laws, however, state-level fragmentation will be discouraged using DOJ litigation and federal funding.

Next, Australia is now the first country to enforce a nationwide ban on social-media accounts for children under 16. With legislation brewing in multiple countries and US states, this could signal a sea-change in the use of social media by minors.

Finally, geothermal energy is quietly having a moment. Geothermal is promising faster, cheaper builds – with the potential to power data centers, displace natural gas, and provide baseload energy 24/7. Eventually, geothermal could be “far cheaper than natural gas.”

Enjoy.

Tam

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