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…
LLMs are already at the point where they could replace middle management in most places. Of course that’s more of a reflection on how poor middle management is, not how good LLMs are.
And yeah the C-suite probably could be replaced too. Yeah the LLMs will hallucinate and make terrible decisions sometimes, but that’s not different than what the C-suite is already.
Wanting to replace skilled labour with AI is proof of that. They don’t know enough about what their employees do if they think an AI will work as a replacement. But if they can mange employees with an inaccurate understanding of what they do, then an AI with a inaccurate understanding of what employees could replace that manager.