innovation

  Several important events occurred in the economy this June. Topping the list was the record initial public offering of SpaceX, which will be followed by two IPOs in the artificial intelligence sector: Anthropic and OpenAI. On the less positive side, inflation remains elevated and public debt continues to soar across the developed world, including […]

  Personalities such as Elon Musk and big-tech founders are on the frontlines. The infrastructure, communication and disruptive technologies they create are revolutionizing the economy and society. Although in general beneficial and exciting, the developments also create envy and anxieties. Jeff Bezos, who founded Amazon and publishes The Washington Post, is also reaching for the stars […]

  When it comes to the global tech race, the European Union is so far behind it is not even near the racetrack. Lagging in almost every technological innovation category and falling behind global peers in high-tech manufacturing, the EU has turned, as usual, to regulation: local content rules (LCRs). These are supposed to save […]

  Technology is no longer merely a sector of the economy; it has become the economy itself. Over the last three decades, waves of digitization have woven code into every productive process, while the arrival of generative artificial intelligence promises to automate cognition itself and disrupt most industries and professions. During this period, technology companies have become […]

  In March 2000, European Union leaders launched the Lisbon Strategy, an ambitious vision to make the EU the world’s most competitive economy by 2010. The goal was to foster a knowledge-based economy and a seamless internal market. Since then, the commitment has been repeated like a mantra – but the target date has continually been […]