$\newcommand{\p}{\mathcal{P}}$I recently dug through the exercises and details in Mac Lane and Moerdijk's book "Sheaves in Geometry and Logic" which concern themselves with (a baby version of) Cohen forcing. Modulo a mistaken proof of the Souslin property, this was a really enjoyable and interesting read; I'm now wondering if we can even further improve this construction. The question is in the title but I'm going to give the context now:
So, I guess in our ambient copy of ZFC where we prove everything, we fix a set $B$ with $\aleph_2\preceq|B|$, define the poset $\p$ of partial functions $B\times\Bbb N\to\{0,1\}$ defined on a finite domain, ordered by $p\le q$ iff. $p$ extends $q$, and consider $\mathcal{E}:=\mathrm{Sh}_{\neg\neg}(\mathrm{Psh}(\p))=\mathrm{Sh}(\p;\text{dense topology})$. We then consider $\mathcal{F}:=\mathcal{E}/\mathfrak{U}$ where $\mathfrak{U}$ is any ultrafilter in (the complete Boolean algebra, so we can use Zorning) $\mathrm{Sub}_{\mathcal{E}}(1)$.
It can be shown that:
$(\ast)$: $\mathcal{F}$ is a well-pointed topos satisfying the (strong) axiom of choice, which has a natural numbers object $\Bbb N$ and an object $\mathscr{A}$ with strict cardinal inequalities $\Bbb N\prec\mathscr{A}\prec\mathscr{P}(\Bbb N)$.
For well-pointed topoi, strict cardinal inequality means what you would expect; there is a monomorphism but no epimorphism from the smaller thing to the greater thing.
However, I made the observation in my notes that, very plausibly (I did not bother to make a counterexample) it is the case that $\mathcal{F}$ is not complete (or cocomplete). The essential issue is that products of cardinality $\kappa$ need not exist unless $\mathfrak{U}$ is stable under intersections of $\kappa$-many objects; we don't have reason to believe, I don't think, this could be arranged for arbitrary $\kappa$ – just finite ones. Were it not for this wrinkle, I would be satisfied that $\mathcal{F}$ is a very good model of [something], for my own personal intuition. Because of course, I want to make all the constructions familiar to me and I should have arbitrary limits and colimits; I definitely don't mean anything formal when I say "very good model of something".
Is it possible to find a topos satisfying the properties listed in $(\ast)$ which is genuinely complete (and thus bicomplete)?
There's a chance this is quite subtle or maybe even impossible because somehow "complete" is with reference to small limits, and we are doing something like creating a "new" "model" of set theory (except not really, not without a lot of extra work – the exact status is unclear to me) so we should not expect completeness with respect to our starting model of sets, and maybe we should instead demand completeness with respect to limits which have a "small" shape, in the eyes of $\mathcal{F}$?
Best Answer
$\require{AMScd}$Well, I don't have a full answer since maybe there is something about "internal" completeness still to be said, but someone hinted the following to me - which more or less says the answer to my question is independent of ZFC (I think??) which is freaky but maybe unsurprising.
We can replace "cocomplete" with complete or bicomplete here. For complete topoi are necessarily bicomplete, and conversely if we are equivalent to $\mathsf{Set}$ we are necessarily complete as well.
Here, I include "locally small" as part of my axioms for a topos, which I think we all should do. We want subobject lattices to be... actual lattices, for instance.
Given this theorem - which I prove below - then a topos $\mathcal{F}$ satisfying the properties I desire exists if and only if $\mathsf{Set}$ itself violates the continuum hypothesis, which is independent of ZFC. Maybe there's a curious philosophical lesson here, about "completeness" being a little unnatural in that it enforces an external notion of how the universe of sets behaves onto what you'd want to be an internal property; also I suppose today I learnt that making topoi too set-like (which is what I wanted in my question!) actually forces them to be "sets".
Anyway, onto my proof. Theorem references are to "Sheaves in geometry and logic".