BUSINESS
Would you let Elon Musk implant a device in your brain?
The entrepreneur’s Neuralink startup will be life-changing for some, but it’s hard to see how it will transform society
BUSINESS
Banking is slowly getting narrower — and better
The US economy is now closer than it ever has been to realising one of the more radical visions in the finance industry
BUSINESS
Robert Lucas | The Economist who defied expectations
Robert E. Lucas Jr., who died this week, changed the way his profession measures the effects of economic policies.
BUSINESS
Artificial Intelligence could spell the end of big business
Today more Americans work for big companies than for small ones. But AI could change that given how leading companies in the field like Midjourney having just 11 and OpenAI just 375 full time employees
BUSINESS
In the AI age, expect new trends in demand for land, labour and energy
Powerful AI makes intelligence, broadly construed, more abundant. That will be good for productivity overall, but other factors that keep an economy running will become relatively more scarce
BUSINESS
Regulation can’t prevent the next financial crisis
Efforts to make banks safer can effectively push risk into other sectors of finance
BUSINESS
ChatGPT4 Release: AI is about to transform our children. Are we ready?
In the future, middle-class children will learn from, play with, and grow attached to their own personalised chatbots. They might, in short, be the 21st century version of television.
BUSINESS
Ajay Banga should make public health top priority for the World Bank
Joe Biden's choice to lead the World Bank should depart from prevailing wisdom on prioritising climate change, and instead recognise the sucess achieved in financing public health interventions
BUSINESS
As ChatGPT explodes, a question: Who will be AI's first billionaire?
Money will be made from AI. But consider the internet: The most successful entrepreneurs in social media have earned huge fortunes — however, the early developers of the internet itself did not.
BUSINESS
How should you talk to ChatGPT? A user’s guide
Getting useful answers from the AI bot requires letting go of some of our human intuitions about how to communicate
BUSINESS
Where's the economy headed? Why forecasts are so unreliable
The main lesson about macroeconomic predictions is that they have a disturbing tendency to be inaccurate
BUSINESS
AI is improving faster than most humans realise
Large Language Models are dealing with more open and more complex systems, and they also require ongoing corporate investment. Still, the recent advances have been impressive
BUSINESS
Lower inflation could mean trouble for the Euro Zone
Rising prices have papered over a lot of problems with the single currency, but disinflation could bring them back
BUSINESS
Beware the dangers of crypto regulation
With so many unknowns and the risks of contagion mostly contained, the best policy right now is caution
BUSINESS
Austrian economists can explain the coming recession
High energy prices and the fight against inflation are hampering economic growth — but so are misplaced expectations of interest rates
BUSINESS
Rishi Sunak shows the growing influence of Indian talent in the West: Tyler Cowen
India is by far the world’s most significant source of undiscovered and undervalued skills
BUSINESS
No, Ben Bernanke is not to blame for today’s inflation
The US Federal Reserve did increase the money supply during his tenure, but that isn’t causing price increases now
BUSINESS
Taylor Swift and Beyonce will always be bigger than AI
When it comes to art, music, and culture, fans seem to want a little bit of human celebrity along with the work itself
BUSINESS
A crisis is coming in Europe, the only question is which kind: Tyler Cowen
European governments may be tempted to fend off an energy crisis by risking a fiscal crisis, but both options are costly
WORLD
Is US in a recession? No, but most in the US think it is
Republicans should be happier than they are with current economic conditions, and Democrats more dissatisfied
WORLD
What are the chances we’ve been visited by aliens?
WORLD
Putin’s Nuclear Threat Makes Armageddon Thinkable
With “mutual assured destruction” no longer relevant, the world is desperately in need of a workable doctrine of nuclear deterrence.
BUSINESS
No one really understands real interest rates
Economists once thought they knew how borrowing costs affect the economy, but we have been proved wrong
