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Who will be AI's first billionaire?
News, Tyler Cowen, Published on 20/02/2023
» Great advances in technology often result in vast increases of wealth. So as the AI boom continues, one obvious question is who will profit -- and by how much. My view, which may be deflationary for entrepreneurs but good for consumers, is this: Relative to how much artificial intelligence changes the world, its early pioneers won't get especially rich.
Trump, Kim can learn lots from city-state
News, Tyler Cowen, Published on 13/06/2018
» US President Donald Trump and North Korean leader Kim Jong-un are spending such a short amount of time in Singapore this week. Maybe they should stick around longer to see what makes its economy tick. Singapore is an especially wealthy nation, with a per capita income of about US$90,000 (2.8 million baht), well above that of the US. But how is this prosperity maintained, and why has Singapore commanded so much admiration from liberals and conservatives alike?