How to tariff the past?
https://thedailyeconomy.org/article/tariffs-are-missing-the-real-enemy-yesterdays-products/
Tariffs Are Missing the Real Enemy: Yesterday’s Products
Are President Trump’s tariffs proving that two and a half centuries of economic analysis exaggerated the virtues of free trade? Have economists been wrong all these years to insist that consumers should be free to buy imports even when the prices of imports are quite low and their purchase takes business away from particular American firms and workers?
Most economists, including myself, believe not. But if we’re mistaken, our professional duty demands that we point out that Trump’s protectionism is insufficiently ambitious; it should go much further. Trump’s protectionism overlooks a source of low-priced goods that poses a far worse threat than do foreign producers to American producers and workers. That source of low-priced goods is the past.
Goods sold in resale markets cost nothing to manufacture today. If, as Trump and other protectionists argue, it is necessary to tariff goods imported from abroad to protect US manufacturers from low-cost foreign competitors, then it is equally necessary to tariff goods imported from the past. The past exports to us at much lower costs than even the cheapest foreign producers.
Someone in Boston who buys a used Buick from his neighbor withholds demand from US-based automobile producers no less than does someone in Houston who buys a new Hyundai from Korea. Were it true that taxing Americans’ purchases of imported cars is a just means of stimulating US automobile production, it must also be true that taxing Americans’ purchases of used cars is an equally just means of achieving this same goal.
Everyone’s future?
https://www.bespacific.com/the-nypd-is-teaching-america-how-to-track-everyone-everyday-forever/
The NYPD Is Teaching America How To Track Everyone Everyday Forever
The New York Times – [no paywall ]: “…Most of this material — gathered by social media analysis, drone surveillance and more — will never be reviewed by any court and will be entirely inaccessible to anyone outside of law enforcement. For almost 90 percent of the technologies it deploys, the department has stated that it has no obligation to obtain a warrant.
Will the AI agree to be managed?
Agentic AI at Scale: Redefining Management for a Superhuman Workforce
For the fourth year in a row, MIT Sloan Management Review and Boston Consulting Group (BCG) have assembled an international panel of AI experts that includes academics and practitioners to help us understand how responsible artificial intelligence (RAI) is being implemented across organizations worldwide. In spring 2025, we also fielded a global executive survey yielding 1,221 responses to learn the degree to which organizations are addressing responsible AI. In our most recent article, we explored the relationship between explainability and human oversight in holding AI systems accountable. This time, we dive deeper into accountability for agentic AI. Although there is no agreed-upon definition, agentic AI generally refers to AI systems that are capable of pursuing goals autonomously by making decisions, taking actions, and adapting to dynamic environments without constant human oversight. According to MIT’s AI Agent Index, deployment of these systems is increasing across fields like software engineering and customer service despite limited transparency about their technical components, intended uses, and safety.
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