
Squawk Pod
OpenAI’s Future & the Price of Tariffs 2/13/25
Feb 13, 2025
Jeff Currie, chief strategy officer at Carlyle, discusses the ripple effects of President Trump's new 25% tariffs on steel and aluminum imports. He shares insights on how these tariffs impact commodities, producer inflation, and U.S. oil production. The conversation also touches on the competitive landscape of AI with Elon Musk's financial maneuvers regarding OpenAI adding intrigue. Plus, the implications of energy demands from different industries are explored, showcasing how tariffs shake up American market dynamics.
22:42
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Quick takeaways
- Elon Musk threatens to withdraw his $97.4 billion bid for OpenAI if it remains a nonprofit, signaling tension in AI's competitive landscape.
- President Trump's new 25% tariffs on steel and aluminum imports could disrupt supply chains and exacerbate inflation in essential commodities.
Deep dives
Elon Musk's Views on Government Reform
Elon Musk advocates for substantial changes in government agencies, suggesting that entirely deleting some agencies may be necessary to eliminate inefficiencies. He believes that if remnants of these agencies are left behind, it becomes easier for bureaucracy to regrow, akin to leaving the roots of a weed. Musk emphasizes the importance of starting with a lower baseline of bureaucracy to prevent a return to the previous inefficiencies in future administrations. This perspective is presented amidst broader discussions about government efficiency and modernization.
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