Summary
Critics accused Trump and his administration of using ChatGPT to create its new tariff formula, which mirrors AI-generated outputs.
Commentators highlighted that the tariffs appear based on a simplistic calculation: divide the U.S. trade deficit with a country by total imports, or default to 10%.
Analysts slammed the approach as flawed and dangerous.
Markets reacted sharply, with the S&P 500 falling over 4% and Nasdaq dropping more than 5%.
Honestly, so many companies want to start with getting rid of skilled labor and try using “AI” to write code and so on; I don’t know why the board doesn’t ask the C-suite to replace THEMSELVES with “AI” for an experiment and see how that goes instead…the cost savings would be immense and they would no longer have to deal with outsized egos, to boot.
Oh, why don’t they do this, at least in my view? Oh, probably because all these people sit on each others’ boards and they aren’t about to show what a sham C-suite work is…