Tariffs Make Consumers Pay

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Happy Friday, party people. In case you’re as confused as we are about OpenAI, you might want to check out “The OpenAI Files,” a repository of publicly available information about the company recently released by nonprofit watchdogs. The project clarifies the company’s unusual profit/nonprofit status — but it might keep you up at night.

Tech’s ubiquitous adoption of generative AI clients has crippled publishers.

The Big Picture: Bots crawl publishers’ web pages and summarize their content without referring users to those pages. As a result, publishers receive no traffic or ad revenue from this engagement, forcing them to rethink their business models in order to survive.

Between the Lines: Cloudflare CEO Matthew Prince outlined the problem with some astounding figures during a recent event at Cannes.

Conclusion: For publishers, ad revenue often depends on click-through rates, or the percentage of users viewing a webpage who click on an ad. Without visits to their web pages, publishers get no clicks and, therefore, no money. As people trust AI bots and their summaries more, they’re less likely to seek out publishers’ web pages on their own.

Prediction: Cloudflare has already announced that they’re working on tools that would prevent bots from scraping websites. Look out for that tech, as well as any potential lawsuits that tech firms might bring against them as they develop AI browsers.

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American consumers are bearing the brunt of President Trump’s tariffs.

The Big Picture: Consumers who buy imported goods are unexpectedly receiving shockingly high bills from couriers like FedEx and UPS afterward. These delivery services pay the import duties and pass them on to the consumer without prior warning, leaving many people understandably upset.

Between the Bills: Couriers are sending consumers fines that sometimes clear triple digits.

Conclusion: Sellers have an incentive not to mention these costs upfront because doing so will likely deter buyers. But in an era of fast, seamless, cheap shipping, the sudden shock of hefty fines has jarred Americans and quickly generated outrage.

Prediction: The backlash against this practice is bound to create pressure — but only time will tell whether that pressure will fall on couriers, sellers, or the administration levying the tariffs.

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45.2% of you voted News websites or apps in yesterday's poll: What’s your primary source of news?

“I always check the main established news sites first — like the New York Times, The Guardian, AP, and Reuters — then read some social media sites. I also look for the facts first and may explore opinion articles later.”

“I watch local and world news, and I subscribe online to the Chicago Tribune, New York Times, and Los Angeles Times.”

“We are regular 5 o’clock news watchers.”

“Not sure what category TFP falls into, but it is one of several newsfeeds I use to learn what is going on in the world. I look for un- or minimally biased sources and ones that allow me to cross-check for consistency. I hope that translates to accuracy. I have minimal trust in social media or podcasts being anything more than disinformation or propaganda for one side or another.”

Let’s keep the conversation going. Join our Poll Of The Day newsletter, so your opinions can shine. Discover how your views line up with your peers’, check out cool insights, and have some fun. It’s data with personality.

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