Responding to a Commerce Department inquiry into the Indo-Pacific Economic Framework (IPEF), ITIF provided recommendations on global data flows, privacy, and governance; innovation and advanced manufacturing; standards-setting for data, cybersecurity, AI, cloud services, and other new and emerging technologies; the potential for an IPEF climate-change agenda; and using IPEF to launch a joint commercial intelligence forum.
There are many ways the United States can rejoin trading partners in shaping digital trade in the Asia-Pacific. But in choosing its path, the administration should not allow misguided opposition deter it from insisting on binding rules for data flows and other key digital economy issues.
Stop listening to the hype, either the techno-utopian hype that says the “AI revolution” will be greater than the First Industrial Revolution or the techno-dystopians who say all is lost. The reality is that AI is just computer code.
Rob Atkinson writes in The Korea Times that as the world's attention focuses on Glasgow, it needs to hear more than fine aspirations. Detailed actions backed with real resources that yield game-changing climate innovations are what we will be looking for.
Economic, trade, innovation, and global value chain (GVC) linkages between the United States and Taiwan are vitally important to both nations’ advanced technology industries and broader economies. Policymakers should work to deepen them.
If the globalists want Americans to trust them again, they would be better off stopping the insults and fixing the very real trade and globalization problems facing America today.
Regardless of President Rajapaksa’s motives, the logic of his decree banning imports of fertilizers and pesticides is flawed, and if not reversed will only deepen the misery of a population served by a battered economy and plagued by decades of bloody political unrest.
The excitement of Christmas and the presents that Santa Claus would bring best describes today's American politics. Each party is competing to win votes by providing the presents. The more the better.
Advocating no growth or degrowth is not only too simplistic, doing so presents dangerous illusions that divert attention from real, more nuanced solutions to global warming.
Korea needs to embrace all kinds of automation and leave the decisions of whether it is worker-enhancing or worker-replacing up to companies—and the Korean government should expand, not cut tax incentives for investing in automation.
Only India can match China's vast population, low-cost labor availability, and deep base of world-class technical talent. The United States and India have strong political, cultural, and linguistic affinities, and both nations see China as a military and geopolitical rival.
At the end of May, India is set to begin enforcing a new set of rules that drastically alter its approach to online intermediary liability.
Korea’s progress has slowed over the last 15 years and its productivity performance, while still stronger than that of the U.S. and other global leaders, is slower than it was.
As America seeks to counter a rising China, no nation is more important than India, with its vast size, abundance of highly skilled technical professionals, and strong political and cultural ties with the United States. But the parallels between America’s dependency on China for manufacturing and its dependency on India for IT services are striking.
The lack of an American industrial policy made it easier for Korea and other nations to close the gap with America, and to surpass the U.S. in certain areas. But that may be finally beginning to change.
the core challenge now for the Korean innovation economy is to fully make the switch from being a “fast follower” (an economy in which firms are not on the global leading edge of innovation, but rapidly copy the leaders) to being a global innovation leader.
The most important thing to understand is that U.S. policy will not return to the status quo that existed before President Donald Trump.
The trade-off between economic growth and environmental sustainability may be overstated.
Automation’s effect on labor demand has long been seen by the public as negative. Japanese researchers challenged this perception when they examined robots’ impact on employment across a range of Japanese industries from 1978 to 2017.
U.S. states that have adequate artificial intelligence capabilities could benefit by looking east, at a small Asian country already leading in AI.
Cross-border data flows represent a critical component of the increasingly digital global economy. A new study of Japanese firms estimates the influence these flows have had, finding that firms which transmit data internationally increase their productivity by 6.1 percent, on average.
The draft Mandatory Bargaining Code for News Media and Digital Platforms is predicated around the false idea that news aggregators take advantage of news publishers.
A natural U.S.-India innovation partnership exists, but much more needs to happen to turn this into an alliance that both countries and their firms can rely for a sustainable future. One key component is around intellectual property.
Over the past year, key U.S. allies South Korea and Japan have been embroiled in a political and trade dispute which has many antecedents in the past, but which has been exacerbated by more recent developments. While certainly concerning, the trade dispute in some ways has presented an opportunity for the United States to assert renewed diplomatic engagement in the region.
A key problem in assessing the impact of e-commerce is that the goods that are commonly sold online are not random, so we cannot easily distinguish between price changes driven by e-commerce and price changes that would have happened regardless.