$MMM 3M Tape Reports
Per Ticker.id: $MMM 3M Tape Reports — 10 podcast mentions across 5 podcasts (30 days), latest 2026-08-23 17:09 UTC.
Seeking Alpha analyst Damir Tokić said Warsh will be under the spotlight to address the current bond market sell-off And he will restate that real rates are rising while inflation expectations remain anchored, so that will be a dovish message. However, with this dovish message, the nominal long-term rates will continue to rise, steepening the yield curve, he added. In the news this weekend, Canadian Prime Minister Mark Carney said the country will impose retaliatory tariffs on a wide range of U.S. imports starting September 8th in response to the Trump administration's new 50% tariffs on Canadian goods. His remarks came after weeks of trade negotiations between the two sides collapsed late Friday. The new U.S. tariffs, which could impact roughly $20 billion worth of Canadian exports, took effect immediately. Meanwhile, President Trump posted on Truth Social that Canada has charged our great farmers for many years massive amounts of tariffs. He added that Canada wants the benefits of being a state without being one. And for income investors, 3M goes ex-dividend Monday, paying out on September 11th. Hyatt goes ex-dividend Thursday with a September 10th payout date. T-Mobile and eBay go ex-dividend Friday. T-Mobile pays out on September 10th and eBay on September 11th. That's all for today's Wall Street Brunch. Look for links to stories in the show notes section. Don't forget, these episodes will be up with transcriptions at seekingalpha.com/wsb. And join the elite community of real investors to unearth great investing ideas. Just head to seekingalpha.com/subscriptions.
Kim Kahn — Wall Street Breakfast · Nvidia and Jackson Hole take center stage · 2026-08-23Yeah, so both of these cases are super interesting because unlike previous articles we've done where lawyers have used ChatGPT or legal AI or what have you, these are examples of, uh, like other people in these cases using AI in I would argue maybe like worse and more, um, like invasive ways and insidious ways in court cases. So these have both come out in the last week. Um, in this case, as you mentioned, there was an explosion in Houston in 2020, uh, at this like industrial fact— it was not a factory, but like an industrial plant called Watson Grinding. Uh, 200 homes were destroyed and 3 people died. 2 people who worked at the facility died, and then one person died as a result of their injuries, like, in the community. Uh, so basically there was like a gas explosion, uh, there was a gas leak in this facility, uh, there was supposed to be these gas detectors that detected whether the gas was leaking, they didn't work. It was a very complicated situation. And for the last few years, there's been a bunch of lawsuits, like civil lawsuits, uh, from homeowners who had their homes destroyed, from families who lost loved ones, trying to determine who was at fault. For this explosion and trying to get, you know, paid money, restitution for what happened. So there's basically been like a series of lawsuits, and one of them is against 3M, or multiple of them are against 3M, which makes the gas detector in question here. And so this is like a $60-something million lawsuit. This is not a small lawsuit. And it's the— and it's part of like this series of dozens of lawsuits that are kind of winding their way through the court system in Texas. Sure.
Jason Kebler — The 404 Media Podcast · Amazon is Destroying Rare Books to Train AI · 2026-08-19So very quickly, for people who don't know, expert witnesses are people who are hired by one side or the other, like either the plaintiff or the defendant, to assess the situation and then give their feedback as to like what happened here. So there's like all sorts of different reasons that one could hire an expert witness. They do get paid because they get paid for their time. They often get paid to make a report, and then they often get like called at trial to answer questions about the situation. And so 3M hired, uh, this firm called Nighthawk Engineering. Um, and one of their employees was hired basically to analyze the situation and to essentially defend 3M and, and say that they were not negligent in the case. Um, this practice is pretty shady, as in, like, people in law are like, oh yeah, like, you can get— you can hire an expert witness and get them to say basically whatever you want. Like, they are hired guns. That's not universally true, but they have like pretty bad reputation in this world, and yet they're used in our legal system all the time. And so basically, 3M hired, uh, this firm, and the, the guy who, like, wrote the report essentially submitted a ChatGPT, uh, like, generated report. Um, and the specifics of how this went down and how this was discovered are super interesting, both in this case, but also what it means for litigation more broadly. Um, he— so basically, uh, the plaintiff was— the plaintiff's lawyers, uh, were going to depose this guy, meaning they were going to go ask him questions. And as part of this, they were given a bunch of documents in discovery, which is like documents for how this report was created. And within these documents, there was a file of citations that appeared AI-generated to the lawyer. And he was like, oh, you used AI for this report? So he starts deposing the guy, and he basically was like, did you use AI to do this report? And at some point during that, that interview, the, the guy admitted to using AI. And so at that moment, the lawyer stopped the deposition proceedings.
Jason Kebler — The 404 Media Podcast · Amazon is Destroying Rare Books to Train AI · 2026-08-19Yes. And so those were not initially given to him, to the attorney. And basically they go away for 3 hours while they kind of like download all these, these chats and then they provide it to the, the attorney and I mean, they're crazy. Like, they're really crazy. I mean, it starts off with, quote, I am being retained as a professional expert witness by 3M in defense of them in their lawsuits and other legal proceedings behind January 2020 explosion at Watson Grinding. It goes on to say, like, I need to create an expert witness report to defend 3M standard of care, which is basically like to defend 3M and show that they were being careful during this whole, whole thing. And then he uploads like hundreds of files from the court records, and then he, he gives it another prompt and says, reread all attachments and prompts and show how 3M is, quote, 0% at fault for the explosion at Watson Grinding. And so this is basically like they go in with this preconceived like outcome and tell ChatGPT to like generate a a report that defends 3M. And so this is like, it's not one, it's not like this person's own thoughts, it's ChatGPT's thoughts. And two, these people are supposed to be unbiased, but they're going in with a preconceived notion and ChatGPT is generating them. So basically there's 300 pages of prompts. It kind of goes on and on like this where like ChatGPT outputs a report they start editing the report, and a lot of the edits are like, pretend that you're the opposing counsel and what, what would you, uh, how would you attack this report? And then he, he sort of like turns in a draft that they admit on the record at trial is 90% AI-generated. And, you know, I went and read the report and then looked at the ChatGPT output, and the structure is the exact same. Like a lot of the arguments are the exact same. And that's just from the first output that ChatGPT did. So, I mean, this is just like kind of crazy because one, on its face, the facts of this case are crazy, but it also suggests that this is probably happening all the time, one would think.
Jason Kebler — The 404 Media Podcast · Amazon is Destroying Rare Books to Train AI · 2026-08-19And two, you know, your chats with ChatGPT are probably discoverable in a court case. What happened here was the group that was suing, of homeowners that is suing, they ended up calling 3M's expert witness at trial and saying like, this is all AI bullshit, right? And I mean, basically at trial he's like, yeah, it's all AI. And, and that is like very unusual for one side to call the other side's expert witness because that witness is so bad, right?
Jason Kebler — The 404 Media Podcast · Amazon is Destroying Rare Books to Train AI · 2026-08-19