Friday, April 11, 2025

When a highly cited and prominent AI researcher expresses his Trump Derangement Syndrome in his business newsletter

I don't mean to insult or defame Mr. Andrew Y. Ng (Google Scholar profile), but his latest newsletter was excessive in expressing his personal political views in his latest weekly business newsletter, i.e. The Batch. He is also a graduate from Stanford University.

I am a very long time subscriber to his weekly newsletter and I am usually very excited when it arrives in my email inbox. I have read many of them and benefitted often from the insights it usually provides. But this time, I was shocked. Unlike previous newsletters, this time Mr. Ng overtly expressed his political views, engaged in virtue signalling, and exposed he does not understand much about economics

Mr. Ng says he met people in clothing manufacturing plants in developing countries was he also thinking about sweatshops?

It reminds me somewhat of Albert Einstein, who was a very naive and stupid socialist, but a genius physicist!

"I am so sorry that the U.S. is letting down our friends and allies. Broad tariffs, implemented not just against adversaries but also steadfast allies, will damage the livelihoods of billions of people, create inflation, make the world more fragmented, and leave the U.S. and the world poorer. ...

Much has been written about why high, widespread taxes on imports are harmful.  ... I hope that this free flow of ideas remains unhampered, even if the flow of physical goods is. ...

Finally, tariffs will create increased pressure for domestic manufacturing, which might create very mild tailwinds for robotics and industrial automation. ...

My 4-year-old son had been complaining for a couple of weeks that his shoes were a tight fit — he was proud that he’s growing! So last Sunday, we went shoe shopping. His new shoes cost $25, and while checking out, I paused and reflected on how lucky I am to be able to afford them. But I also thought about the many families living paycheck-to-paycheck, and for whom tariffs leading to shoes at $40 a pair would mean they let their kids wear ill-fitting shoes longer. I also thought about people I’ve met in clothing manufacturing plants in Asia and Latin America, for whom reduced demand would mean less work and less money to take home to their own kids. ..."

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