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Caplan and Candor

LLMs and SCOTUS
Blog•Mar 25, 2026

LLMs and SCOTUS

The post argues that Supreme Court precedent makes AI output—specifically large language model (LLM) text—protected speech, limiting the government’s ability to regulate the AI industry. It traces the Court’s shift from the "clear and present danger" test to the "imminent lawless action" standard and notes the expansion of First Amendment protections after Miller v. California. By treating AI-generated language as expression, the author contends most regulatory attempts would be unconstitutional. While acknowledging uncertainty, the piece predicts that when AI reaches the Supreme Court, the justices may still side with government interests, though scholars largely disagree.

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I Think I Can Explain Trump's Theory of Trade
Blog•Mar 10, 2026

I Think I Can Explain Trump's Theory of Trade

The post dissects Donald Trump’s contradictory trade stance, arguing he wants foreign buyers and investors to pour dollars into the United States to spur demand, regardless of conventional deficit definitions. It frames his view as a simplistic Keynesian push for...

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