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Items tagged with: costs


As the NYT board has noted in previous editorials, the revival of domestic manufacturing is a worthy goal, & if #tariffs were applied judiciously, the benefits might outweigh the #costs. But #Trump’s indiscriminate use of tariffs is doing far more harm than good. The current tariffs will cost the average #US household about $1,800 per year, the Yale Budget Lab estimates.

The admin’s crackdown on #immigration is similarly being conducted in ways that maximize the economic costs.

#economy


In the early months of #Trump’s term, importers mostly absorbed those #costs rather than raising #prices to recoup the money from #consumers. Some companies said they were waiting to see if the #tariffs would last. As time has passed, companies increasingly have shifted the costs of the tariffs to their customers. Goldman Sachs estimates that the share of tariff costs borne by consumers has increased from 22% in April to 55% in Oct, & that it will continue to rise, reaching 67% by mid next year.


Look at the capabilities versus costs of Kimi K2 and GPT-5. Kimi K2 is 3 times as cheap with similar performance.
artificialanalysis.ai/
#AI #KimiK2 #GPT5 #costs