Showing 1 - 10 of 17
Institutional redesign in order for economic change
News, Diane Coyle, Published on 30/12/2025
» The Nobel Prize in economics was awarded both this year and last year to scholars who, in different ways, emphasised the importance of institutions to economic growth.
Zuckerberg lifts US content guardrails in bias shift
News, Kurt Wagner and Riley Griffin, Published on 09/01/2025
» It was no accident that Meta Platforms Inc chose Donald Trump's favourite TV news show, Fox and Friends, to discuss its decision to ditch outside fact-checking.
Hipster antitrust policy is actually conservative
News, Matthew Yglesias, Published on 11/06/2024
» Antitrust policy is having a moment. Led by Federal Trade Commission Chair Lina Khan, US President Joe Biden's administration is turning its attention to suspect activity not only in Big Tech and Big Oil, but also in Big Alcohol, Big Hotel and Big Concert. The rationale for this new push, however, is ambiguous: Is antitrust law a tool to protect consumers from higher prices, or to defend small businesses against big ones?
The AI assembly line ends with the tech giants
News, Parmy Olson, Published on 22/03/2024
» It's almost impossible for an artificial intelligence startup to build anything as good as ChatGPT, but Inflection was getting there.
Premier League bets $5 billion on game theory
News, Matthew Brooker, Published on 08/11/2023
» Competitive tension is essential to the thrill of any sporting contest. The world's richest domestic soccer competition hasn't been over-endowed on that score in recent years, with Abu Dhabi-bankrolled Manchester City winning England's top division for three consecutive years and leading the table again almost a third into the current season. Those hankering for a bit more drama might do better to turn their attention to the unfolding financial contest for control of who screens the games.
Maoist or not, football looks ripe for revolution
News, Matthew Brooker, Published on 28/02/2023
» It's a fair bet that not everyone will be a fan of the government's proposed English football revolution, which will create an independent regulator and push for a more equitable sharing of the revenues generated by the world's most popular soccer league. When the idea was floated in 2021, the chief executive officer of Premier League club Leeds United decried redistribution as "Maoist collective agriculturalism". That's a little rich. If you want to see an example of a sporting industry that truly embraces egalitarian principles, try starting in that well-known socialist country, the United States of America.
Champions of net neutrality no more
News, Editorial, Published on 07/02/2021
» 'Many, while performing the foulest deeds, use the fairest words." How fitting that a quote by Greek philosopher Democritus can still describe the hypocrisy of big tech (Facebook in this case) today. While tech titans were quick to "save the day" and permanently silence former US president Donald Trump to prevent further violence before an inauguration, a move welcomed by many, far worse evil is still allowed to spew out misinformation and hate on these very same platforms.
Antitrust laws need a rethink
News, Editorial, Published on 04/08/2020
» Big Tech roared back into the headlines last week after US President Donald Trump declared that Washington would ban the Chinese video-sharing platform TikTok. The sudden announcement came just days after the US House Judiciary subcommittee grilled four tech chiefs -- Google's Sundar Pichai, Amazon's Jeff Bezos, Apple Inc's Tim Cook, and Facebook's Mark Zuckerberg -- in a marathon five-and-a-half-hour antitrust hearing. The US-based firms, worth nearly US$5 trillion (156 trillion baht), stand accused of stifling competition and establishing "monopolistic" dominance.
A TikTok-Microsoft deal might solve everything
News, Tae Kim, Published on 03/08/2020
» It looks like the TikTok spinout scenario is fully in play. For weeks, White House officials -- including Secretary of State Mike Pompeo and President Donald Trump -- have raised the prospect of a ban of ByteDance Ltd's TikTok app in the US, citing national security concerns.
Who trusts the NACC?
News, Editorial, Published on 27/12/2018
» The court procedures in a case involving former executives of Mitsubishi Hitachi Power Systems Inc, who breached Japan's antitrust law by allegedly bribing a Thai official over a power plant project in the southern province of Surat Thani, are worthy of note.