Showing 1 - 10 of 22
Reform needs more than just a chainsaw
News, Diane Coyle, Published on 10/03/2025
» Billionaire and Department of Government Efficiency (Doge) czar Elon Musk and UK Prime Minister Keir Starmer could not be more different. But they share a stated common goal: cutting red tape and reducing the burden of government on businesses.
Lies, damned lies, and AI whoppers
News, Diane Coyle, Published on 13/12/2018
» Algorithms are as biased as the data they feed on. And all data are biased. Even "official" statistics cannot be assumed to stand for objective, eternal "facts". The figures that governments publish represent society as it is now, through the lens of what those assembling the data consider to be relevant and important. The categories and classifications used to make sense of the data are not neutral. Just as we measure what we see, so we tend to see only what we measure.
The end of the free-market paradigm
Business, Diane Coyle, Published on 06/02/2020
» The 2020s will be the decade when the idea that economic problems can be "left to the market" to solve is finally put to rest -- after 40 years during which that belief has caused untold damage to society and the environment.
Why sharing the tech wealth is really important
Oped, Diane Coyle, Published on 08/03/2024
» One of the defining economic challenges of our time is how to distribute the value generated by groundbreaking technologies, such as generative artificial intelligence and recent innovations in biomedicine and manufacturing. To improve living standards, the benefits of transformative technologies must be widely shared. So far, however, these benefits have been monopolised by a small cadre of tech billionaires.
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.
AI will transform business, not just our jobs
Oped, Diane Coyle, Published on 25/02/2026
» Many people fear that AI could cause a "job-pocalypse". This year's Davos gathering sounded the alarm over the technology's implications for employment, while recent announcements about job cuts in white-collar industries are widely viewed as straws in the wind.
GDP's headline appeal on the wane
News, Diane Coyle, Published on 20/12/2021
» How should we measure economic success? Criticism of conventional indicators, particularly gross domestic product, has abounded for years, if not decades. Environmentalists have long pointed out that GDP omits the depletion of natural assets, as well as negative externalities such as global warming. And its failure to capture unpaid but undoubtedly valuable work in the home is another glaring omission. But better alternatives may soon be at hand.
Preempting a generative AI monopoly
Oped, Diane Coyle, Published on 07/02/2023
» ChatGPT, the new artificial-intelligence chatbot developed by the San Francisco-based research laboratory OpenAI, has taken the world by storm. Already hailed as a milestone in the evolution of so-called large language models (LLMs), the world's most famous generative AI raises important questions about who controls this nascent market and whether these powerful technologies serve the public interest.
The promise and peril of generative AI technology
Oped, Diane Coyle, 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?
Adam Smith 300 years later
Oped, Diane Coyle, Published on 30/06/2023
» This year marks the 300th anniversary of the birth of Adam Smith, the founding father of modern economics. It comes at a time when the global economy faces several daunting challenges.