AI and Tariffs Collide: How ChatGPT Shaped Trump's $10 Trillion Market Shock

In a bizarre twist of events that could only happen in today's tech-driven world, the Trump administration's latest tariff strategy, which wiped out a staggering $10 trillion from the stock market, was crafted with the help of AI. Specifically, ChatGPT was used to formulate the tariffs that have sent shockwaves through global economies. As the crypto AI sector takes a backseat, the spotlight shifts to Silicon Valley's AI boom, with experts like Josh Kahl joining the fray to dissect this chaotic intersection of technology and policy.

From Crypto Silence to AI Frenzy

The crypto AI industry might be in a lull, but the AI scene in Silicon Valley is hotter than ever. This week's AI Roll Up, featuring Bankless hosts and special guest Josh Kahl, pivoted from the usual crypto-centric content to delve into the broader AI landscape. "It's awesome to have Josh on board," remarked one of the hosts, signaling a shift towards discussing frontier technology that's reshaping our world.

AI Behind the Tariffs: A Shocking Revelation

The revelation that the Trump administration used ChatGPT to create its tariff formula came as a shock to many. "If you type into any AI LLM, like ChatGPT or Claude, and ask it to create a basic tariff formula, you get essentially what the US announced," explained one of the hosts. This use of AI in policy-making not only highlights the growing influence of technology in governance but also raises questions about transparency and accountability.

The $10 Trillion Question: Market Impact and Future Predictions

The immediate impact of these AI-generated tariffs was devastating, with $10 trillion wiped out from the stock market. "It obliterated any kind of economic recovery we wanted to see," lamented a host, reflecting the widespread dismay among investors and economists alike. As the market reels from this shock, experts are scrambling to predict the long-term effects. Some believe that this could be a turning point for AI in policy-making, with more governments turning to technology for complex decision-making processes.

Josh Kahl, a seasoned commentator on frontier technology, added a layer of intrigue to the discussion. "The funny thing is, we found out they used AI by using AI ourselves and reverse-engineering it," he noted. This cat-and-mouse game between AI users and policymakers underscores the evolving nature of technology's role in our lives.

Despite the focus on tariffs, the AI Roll Up remained committed to exploring the broader implications of AI. "It's pretty hard to get away from talking about tariffs this week, but I'm glad we're also focusing on AI," said a host, capturing the dual nature of the current tech landscape. As AI continues to accelerate us into a weirder and more chaotic future, staying informed is more crucial than ever.

Looking ahead, the intersection of AI and policy is likely to become even more pronounced. With AI tools becoming increasingly sophisticated, their potential to influence economic and political decisions is undeniable. As we navigate this new reality, the insights from experts like Josh Kahl will be invaluable in understanding the future that's hurtling towards us.