• OPINION

  Are all of us ready for AI creative destruction?

  Oped, Published on 24/04/2024

  » The ancient Chinese concept of yin and yang attests to humans' tendency to see patterns of interlocked opposites in the world around us, a predilection that has lent itself to various theories of natural cycles in social and economic phenomena. Just as the great medieval Arab philosopher Ibn Khaldun saw the path of an empire's eventual collapse imprinted in its ascent, the twentieth-century economist Nikolai Kondratiev postulated that the modern global economy moves in "long wave" super-cycles.

• OPINION

  Brics now expanding in the wrong way

  Oped, Published on 02/09/2023

  » At first blush, it may seem like good news that the Brics (Brazil, Russia, India, China, and South Africa) group will expand to include Saudi Arabia, Iran, the United Arab Emirates, Ethiopia, Egypt, and Argentina. An 11-strong Brics+ could be more representative of the world's emerging economies, providing a useful counterweight against American hegemony.

• OPINION

  Hollywood writers' AI fight is everyone's fight

  Oped, Published on 05/08/2023

  » Artificial intelligence is big business's new flavour of the month. Companies are rushing to showcase how they will be using new generative AI models, and the media is full of stories about the technology's transformative potential. There is no denying that it could significantly increase productivity. But who stands to benefit? The ongoing Writers Guild of America (WGA) strike may offer an answer.

• OPINION

  Would technology-enabled communism work?

  Oped, Published on 30/06/2023

  » Friedrich von Hayek is best known for his influential 1944 polemic The Road to Serfdom. But his most celebrated work in economics is "The Use of Knowledge in Society", a rather short article on how society uses and acquires dispersed information about economic fundamentals such as preferences, priorities, and productivity.

• OPINION

  Why Turkey's Erdogan continues to be triumphant

  Oped, Published on 20/05/2023

  » It is hard not to be disappointed about the outcome of the first round of Turkey's presidential and parliamentary elections on Sunday. In a campaign defined by the aftermath of February's huge earthquake, mounting economic problems and deepening corruption, hopes were high that President Recep Tayyip Erdogan's increasingly authoritarian 20-year rule would end. Some polls suggested that the six-party opposition led by the centre-left Kemal Kilicdaroglu, from the Republican People's Party (CHP), would be able to win a majority or, at the very least, enter the second round with an advantage over Mr Erdogan.

• OPINION

  The promise and peril of generative AI technology

  Oped, Published on 26/04/2023

  » Ever since OpenAI released its ChatGPT chatbot last year, a growing number of analysts have been predicting that generative artificial intelligence will displace millions of workers and cause widespread economic upheaval. But how exactly will generative AI affect the global economy?

• OPINION

  To reconstruct Turkey, rebuild its democracy

  Oped, Published on 04/04/2023

  » The devastating earthquakes that killed more than 50,000 people in Turkey (and at least 7,000 in northern Syria) in February have exposed deep-rooted problems in the run-up to potentially epochal presidential and parliamentary elections on May 14. Turkey, it is now clear, needs more than a change of government; it needs a fundamental transformation of its politics and economy. That means confronting the hugely powerful construction lobby and attempting to rebuild the country's flailing democracy.

• OPINION

  How to fix the platform economy in digital era

  Oped, Published on 25/03/2023

  » Meta (Facebook), Alphabet (Google), Microsoft, Twitter, and a few other tech companies have come to dominate what we see and hear on the internet, shaping hundreds of millions of people's perceptions of the world.

• OPINION

  What's wrong with ChatGPT's rollout?

  News, Published on 13/02/2023

  » Microsoft is reportedly delighted with OpenAI's ChatGPT, a natural-language artificial-intelligence programme capable of generating text that reads as if a human wrote it. Taking advantage of easy access to finance over the past decade, companies and venture-capital funds invested billions in an AI arms race, resulting in a technology that can now be used to replace humans across a wider range of tasks. This could be a disaster not only for workers, but also for consumers and even investors.

• OPINION

  China's economy rotting from the head

  News, Published on 02/11/2022

  » China highlights a long-debated question about economic development: Can a top-down autocracy outperform liberal market economies in terms of innovation and growth?

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