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#trust

6 posts6 participants0 posts today

If trust is important for developing & maintaining complex economic relations, what happens when a key market player (the USA) is led by someone that its increasingly clear is not trustworthy?

Trump's malign influence on global economics may in the end be much more about the erosion of trust at the level of international diplomatic relations underpinning global markets, than about any specific actions or reversals!

#economics #trust

cepr.org/voxeu/columns/trust-f

America, how dafuq is anybody gonna trust you now?

How can you possibly expect foreign investors to invest in America?

How can you believe nations will forge any kind of partnership with America when they know the rug can be pulled out from beneath them without a moment's notice?

Excellent point:

Rep Suzan DelBene (D-WA) asked Jamieson Greer, the top US #trade negotiator, how any country can #trust the trade deals that #Trump is negotiating, given that he has “thrown out” previous agreements by imposing #tariffs, including the trade deal he signed with #Canada & #Mexico in his first term. Greer said that the #US was still “the consumer market of choice for everybody” [not for long] & the admin was having “several meetings” every day about new deals.

If Jeffrey Goldberg had not been invited to take part in the "chat" you can be certain we never would have heard a word about it.

Two ... no make it THREE questions come to mind.

How many other #asinine and/or #illegal things have #Republicans
done?

Are they capable of doing ANYTHING that's NOT asinine and/or illegal?

What level of #trust should be given to ANY member, and I mean ANY member of the #GOP?

Republicans are
#PartyOfThugs
#PartyOfCrimimals
#PartyOfTraitors

AIs as Trusted Third Parties

This is a truly fascinating paper: “Trusted Machine Learning Models Unlock Private Inference for Problems Currently Infeasible with Cryptography.” The basic idea is that AIs can act as tr... schneier.com/blog/archives/202

Schneier on Security · AIs as Trusted Third Parties - Schneier on SecurityThis is a truly fascinating paper: “Trusted Machine Learning Models Unlock Private Inference for Problems Currently Infeasible with Cryptography.” The basic idea is that AIs can act as trusted third parties: Abstract: We often interact with untrusted parties. Prioritization of privacy can limit the effectiveness of these interactions, as achieving certain goals necessitates sharing private data. Traditionally, addressing this challenge has involved either seeking trusted intermediaries or constructing cryptographic protocols that restrict how much data is revealed, such as multi-party computations or zero-knowledge proofs. While significant advances have been made in scaling cryptographic approaches, they remain limited in terms of the size and complexity of applications they can be used for. In this paper, we argue that capable machine learning models can fulfill the role of a trusted third party, thus enabling secure computations for applications that were previously infeasible. In particular, we describe Trusted Capable Model Environments (TCMEs) as an alternative approach for scaling secure computation, where capable machine learning model(s) interact under input/output constraints, with explicit information flow control and explicit statelessness. This approach aims to achieve a balance between privacy and computational efficiency, enabling private inference where classical cryptographic solutions are currently infeasible. We describe a number of use cases that are enabled by TCME, and show that even some simple classic cryptographic problems can already be solved with TCME. Finally, we outline current limitations and discuss the path forward in implementing them...

#USPol

Questions and an idea for my #USAnian friends...

Your ~~feral~~ federal government is currently being commandeered by an executive that believes that it can rewrite the U.S. constitution via executive orders. One of the primary techniques they are using is usurping the congress's "power of the purse", by either refusing to spend congressionally-allocated funds, or by spending those funds on things other than congress allocated them for.

If the executive branch thinks it's fine to ignore your constitution and screw taxpayers with tax dollars, then...

1) Most of the feds' tax income comes from income tax and various #employment taxes.

2) Employers collect these taxes and remit them to the government.

3) Q: exactly *who* do they remit them to? Based on history, I would think this would be a state agency, who would keep the state/municipal portion and remit the rest to the federal government. Is this correct?

4) "Blue" states are, in general, net payers of tax dollars vs. federal services received.

5) "Red" states are, in general, the opposite - they receive more in federal services / support than they remit in taxes.

So, depending on the answer to (3), my #idea is: why don't blue states stop remitting funds to the federal #government? Don't steal it, just hold it in trust until the feds can be made to follow the law correctly.

I would think this would hurt the feds, a *lot*.

"It is really disheartening to see this, and it links perfectly with the fact that it’s the well-being of youth in America that’s off a cliff, which is driving the drop in the rankings to a large extent" fortune.com/well/2025/03/20/am #inequality #trust #happiness

Fortune · Americans under 30 are so miserable that the U.S. just fell to a historic low ranking in the annual World Happiness ReportBy Alexa Mikhail