"The Riff" with Byrne Hobart and Erik Torenberg E62: Trump’s Tariffs, Open Source AI Models, and The Future of VR
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Feb 4, 2025 The discussion dives into the implications of Trump's tariffs, highlighting their role as negotiation tools while questioning their long-term viability. The podcast also navigates the complexities of global trade in relation to economic populism and the EU's future. In the tech realm, they explore how AI developments are reshaping market dynamics, particularly how negative news affects stock performance. Meta's heavy investments in AI are scrutinized, revealing potential competitive advantages. The evolving landscape of open-source vs. proprietary AI models rounds out the conversation.
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Trump's Throwback Policies
- Trump's economic policies often revert to past approaches, like tariffs.
- His social views, while sometimes shifting, lag behind the curve compared to the general public.
Tariff Nuances
- Tariffs, while complex, can be strategically useful for investment and growth.
- However, blanket tariffs on integrated economies, like the US and Canada, cause disruption.
EU Skepticism and Stagnation
- EU skepticism is longstanding, yet the union persists, partly due to aging demographics and slower growth.
- Conservative economic approaches prevail in such environments, hindering rapid change.