2018-04-23 07:43:00 Mon ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Harvard professor and former IMF chief economist Kenneth Rogoff advocates that artificial intelligence helps augment human productivity growth in the next decade. A small but influential cult touts the Hungarian-American mathematician John von Neumann's singularity theory: someday smart machines will become so complex and intricate that they invent other smart machines without any human intervention.
Beyond this singularity point, technology advances exponentially.
An key existential battle between man and machine leads us to expect a significant increase in productivity growth. Most social angst over artificial intelligence focuses on economic inequality and the future of work. The government should encourage greater female laborforce participation, pay equity, and high-skill immigration when workforce growth and natural birth decline sharply. Global capital investment slows down in the multi-year aftermath of the global financial crisis from 2008 to 2009. In fact, low interest rates worldwide reinvigorate business investments in machinery, capital equipment, and artificial intelligence. Probable pickup in productivity growth can arise from smart and productive uses of artificial intelligence. This pickup can be a core catalyst for change and so creates incentives for financial intermediaries and firms to introduce technological advances. This virtuous circle can offset some slowdown in workforce participation.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-10-23 12:36:00 Tuesday ET

Former Fed Chair Paul Volcker releases his memoir, talks about American public governance, and worries about plutocracy in America. Volcker suggests that pu
2018-05-06 07:30:00 Sunday ET

President Trump withdraws America from the Iran nuclear agreement and revives economic sanctions on Iran for better negotiations as western allies Britain,
2019-08-03 09:28:00 Saturday ET

U.S. inflation has become sustainably less than the 2% policy target in recent years. As Harvard macro economist Robert Barro indicates, U.S. inflation has
2018-07-17 08:35:00 Tuesday ET

Henry Paulson and Timothy Geithner (former Treasury heads) and Ben Bernanke (former Fed chairman) warn that people seem to have forgotten the lessons of the
2022-04-25 10:34:00 Monday ET

Corporate ownership governance theory and practice The genesis of modern corporate governance and ownership studies traces back to the seminal work
2017-02-01 14:41:00 Wednesday ET

President Trump refreshes his public image through his presidential address to Congress with numerous ambitious economic policies in order to make America g