Showing archive for: “Innovation & Entrepreneurship”
Artificial Intelligence, Natural Ignorance
Everyone in Washington seems to agree that artificial intelligence must be governed. The only real dispute is who gets the steering wheel. Congress? Federal agencies? State legislatures? Some newly minted task force with a long acronym and a taste for reporting requirements? That debate is already too narrow. President Donald Trump’s recent executive order on ... Artificial Intelligence, Natural Ignorance
The AI Jobs Panic Comes to Sacramento
California has seen the future of work, and Sacramento’s first instinct is to convene 14 task forces about it. Gov. Gavin Newsom signed Executive Order N-6-26 today, setting California’s workforce agencies in motion on directives involving research reviews, revisions to the state’s Worker Adjustment and Retraining Notification (WARN) Act, studies of new safety-net programs, a ... The AI Jobs Panic Comes to Sacramento
AI’s Scientific Ethos and the Moat That Wouldn’t Hold
Google may have built the foundation of the modern AI economy—and then published the instructions. In 2017, eight researchers across Google’s Brain and Research divisions released a paper titled “Attention Is All You Need.” What followed is now familiar: a technological inflection point, rapid diffusion, and an explosion of competitors building on the same core ... AI’s Scientific Ethos and the Moat That Wouldn’t Hold
Too Much Order, Too Soon: The Case Against AI Term Sheets
Washington may be closing in on an AI “term sheet.” The industry, meanwhile, is already writing its own rules. Recent commentary suggests U.S. artificial intelligence (AI) policy may be coalescing around a federal framework. A widely discussed Tech Policy Press piece argues that a short “term sheet” emerging from negotiations between the White House and ... Too Much Order, Too Soon: The Case Against AI Term Sheets
A Sensible Federal Framework for AI (If Congress Can Stick to It)
The Trump administration’s newly released national legislative framework for artificial intelligence is, in many respects, a welcome set of guidelines for US regulation of Artificial Intelligence (AI). At a moment when AI policy risks collapsing into either overbroad precaution or fragmented state-level experimentation, the framework instead gestures toward something closer to institutional restraint: a light-touch ... A Sensible Federal Framework for AI (If Congress Can Stick to It)
The Competitive Chaos Behind Moore’s Law
Semiconductors are everywhere. They power your phone, your car, your refrigerator. They enable AI models, cloud computing, and modern manufacturing. Advanced chips control weapons systems, telecommunications networks, and financial infrastructure. No technology is more central to modern economic activity. This makes competition in semiconductor manufacturing a question of enormous importance. Yet the industry presents a ... The Competitive Chaos Behind Moore’s Law
Nobel Prize Winners’ Work Supports Dynamic Antitrust Enforcement
Antitrust should center on dynamic market forces that drive major technological change, rather than on static “big is bad” market analysis, based on the work of the 2025 economics Nobel Prize winners. Antitrust enforcers in the United States and around the world could benefit by incorporating these insights into their policy development. Focus on Dynamic ... Nobel Prize Winners’ Work Supports Dynamic Antitrust Enforcement
Nobel Committee Rewards Explorations of Why Growth Happens
There are years when the Royal Swedish Academy of Sciences’ selection for the Nobel Memorial Prize in Economic Sciences is good, years when it is bad, and years when it is outstanding. This year is outstanding. This is the prize I’ve been waiting for. Not because I predicted it or had money riding on it, ... Nobel Committee Rewards Explorations of Why Growth Happens
Excessive Antitrust Threatens American AI Leadership
A spate of major investments by large tech firms in U.S. artificial-intelligence (AI) companies should be viewed as a sign of vibrant competition that drives innovation. Antitrust intervention to limit such investments would be inappropriate. A cautious approach to antitrust, combined with deregulation, could be the ticket to ensuring continued American leadership in AI. AI ... Excessive Antitrust Threatens American AI Leadership
How Fixing Immigration Can Improve Competition and Create Opportunities for the US AI Workforce
The White House’s recently released AI Action Plan aims to secure U.S. dominance in artificial intelligence by abolishing red tape and fostering innovation, AI adoption, infrastructure building, and domestic chip manufacturing. To equip and develop the future AI workforce, it pledges public investments in research labs, manufacturing, and technical training programs, as well as tax incentives for businesses ... How Fixing Immigration Can Improve Competition and Create Opportunities for the US AI Workforce
M&A Enforcement Easing Under the Trump Administration
The federal antitrust agencies appear to be easing up on merger enforcement, ditching a Biden administration policy of discouraging mergers. This change in direction could promote enhanced American innovation and economic growth. M&A Economic Benefits Mergers and acquisitions (M&A) generate various major economic benefits: They reallocate badly managed commercial assets to higher-valued uses, raising business ... M&A Enforcement Easing Under the Trump Administration
The Disruption Double Standard
A comment published in my local alt-weekly newspaper raised a provocative question: Funny, isn’t it, how when some tech billionaire “disrupts” an industry, bankrupting businesses and putting people out of work, it’s presented as a good thing, yet when the state “disrupts” an industry to cut back on fossil fuels pollution and other environmental damage, ... The Disruption Double Standard
