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  • OPINION

    Poor states will struggle to get rich

    News, Tyler Cowen, Published on 18/01/2024

    » For the billions of people around the world who live in countries that are not yet fully economically developed, I have some disturbing news: The very last chance for their nations to reach developed status might come in this generation.

  • OPINION

    How AI will remake the rules

    News, Tyler Cowen, Published on 13/10/2023

    » When it comes to international trade and investment, AI will create some obvious winners and losers. It's the second-order effects that may prove more interesting.

  • OPINION

    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.

  • OPINION

    Beijing cannot prevent a real crash

    News, Tyler Cowen, Published on 27/10/2016

    » After many years of 7-10% growth, economies tend to overheat, creating bubbles that burst. That's what happened to South Korea and Japan in the 1980s and 1990s. But China's economy keeps plugging along (though probably not at its published growth rate of 6.7%), defying the predictions of doomsaying pundits. Some indicators show a recovery this year.

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