Though, one of those is more likely to happen than the other, he tells Stephen Colbert.
During a Tuesday night appearance on "The Late Show," the "Suicide Squad" star told Colbert he's talked with president Barack Obama "a couple of times" about possibly playing him in a movie.
"He said that one thing is for sure: I have the ears to play him," Smith joked.
Smith admitted entering the political arena in real life has crossed his mind before, but says he doesn't think politics is "where my greatest gifts are."