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#investors

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#WarrenBuffett warned Saturday of the dire consequences of #Trump’s #tariffs while telling the thousands of #investors gathered at his annual meeting that “#trade should not be a #weapon” but “there’s no question that trade can be an act of #war.”

Buffett said Trump’s trade policies have raised the risk of #global #instability by angering the rest of the #world.
“It’s a big mistake…when you have 7.5B people who don’t like you…, & you have 300M who are crowing about how they have done,” he said.

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@arstechnica

I don't share the author's sentiment that this is good.

LLMs are an incredibly inefficient way to poorly mimic some aspects of cognition. The market seems to agree, in that there aren't any important use-cases for the technology to date.

Nonetheless, investors are extremely excited about making large numbers of people redundant via AI, so anything that might indicate progress in that direction is guaranteed funding.

#AI#llms#investors

Hope #MAGA #Investors Enjoy the #Crisis They Caused
🤦‍♂️" #Australia, for e.g., has a substantial #trade #deficit in goods w #US (meaning it imports more fr #America than it exports to it), yet it still got a 10% #tariff.. we’re blowing up e #global #economy so bankers can safely say “pussy” at e office. It only strengthens e case for e next Democratic president, if there's one, to #tax #billionaires out of existence. There is no point in appeasing these ingrate #imbeciles"💸
prospect.org/economy/2025-04-0

The American Prospect · I Hope MAGA Investors Enjoy the Crisis They CausedRight-wing financiers thought Trump would unleash prosperity. Instead, his tariffs are nuking the markets.

✅ Importance Score: 82 / 100

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