regulations
Most advanced economies, including those of the European Union, used to welcome foreign direct investment (FDI) with open arms, with few questions asked. Not anymore: From the late 2010s onward, these countries started to adopt inward investment screening mechanisms for foreign transactions, and the pace of adoption has increased markedly in recent years. Since […]
The German government finds itself unable to endorse the Corporate Sustainability Due Diligence Directive, a broad proposed EU regulation that would punish businesses for environmental and human rights violations in their supply chains. The Liberals within the governing coalition are withholding their support – a decision made on solid grounds. The directive mandates that […]
“Tales of Woe: How Regulation Has Destroyed Entire Sectors of Biotechnology” Henry I. Miller (USA) Presented during XV. Gottfried von Haberler Conference -> When naive presumptions prompt hasty judgments: on the benefits and problems of genetic engineering (Wenn Vermutungen zum Urteil werden: Die Gentechnologie am Pranger). Vaduz, Liechtenstein, May 2019. Check the program and speakers’ […]
Artificial intelligence is set to reshape human life and social interactions. A critical question is whether these changes will occur gradually, or if we will encounter a transformative tipping point – potentially, one coming very soon. Geoffrey Hinton, a world leader in AI development and the technologies behind ChatGPT, recently quit his post at Google. He […]
The EU’s latest AI draft legislation risks stifling innovation in Europe and opens the door to misuse by governments. The European Parliament has recently endorsed preliminary legislation referred to as the AI Act, geared toward the regulation of artificial intelligence. Much like the financial industry’s regulations, this legislation adopts a “risk-based approach.” This method prioritizes areas […]