Commentary

Legislators currently lack the necessary information about how harms from AI systems may materialize and evolve in the real world to design truly effective regulations.

Europe needs to pump the brakes on new regulations before it can properly assess the long-term effects of the GDPR, DSA, DMA, and AI Act.

It is often said that the Chinese economy cannot innovate. This is a dangerous assumption.

In the United States, micro, small, and medium-sized enterprises are just 47 percent as productive as large firms, compared to 60 percent in other advanced economies.

Congress should pass an amended version of the NO FAKES Act that preempts all existing and future state digital likeness laws. This would ensure consistent IP protections for all Americans—including performers—support innovation in entertainment, and prevent a patchwork of state digital replica laws.

Mario Draghi's 2024 report addresses the EU's biopharmaceutical decline, citing challenges like underfunded research, fragmented pricing, and competition from the U.S. and China. It recommends reforms but underplays the impact of EU drug price controls on innovation.

The Draghi Report is a monumental but imperfect step in the right direction to correct Europe’s failing competition policy and better drive European innovation and productivity growth.

Governor Gavin Newsom’s veto of California’s AI safety bill (SB 1047) was a sensible move, but a deeper issue remains unresolved. A fundamental flaw of the bill lies in its approach to AI safety: it attempts to identify risky systems based solely on assessments made before deployment.

Big Canadian telcos, grocery stores, and banks have not seen major changes in profitability over the past four years or compared to their international peers. Rising prices should not be attributed to “price gouging” but plain old inflation.

Giving in to dockworkers’ demands for higher wages without higher productivity would set a dangerous precedent that opposing automation is a noble cause. It’s not. It costs U.S. consumers and the economy dearly.