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Commentary

June 17, 2024|Blogs

Fact of the Week: Market Concentration Remained Stable When Import Competition Is Taken Into Account

A recent paper found that rising foreign competition increased concentration among U.S. firms from 1992 to 2012 but overall concentration, which includes foreign firms competing in U.S. markets, remained unchanged.

June 12, 2024|Blogs

Will Korea Burn Its Digital Future Down?

Shifting from evidence-based law enforcement to heavy-handed digital regulation could stifle the innovation Korea needs and lead to various unintended consequences. As the Korean proverb goes, it’s unwise to “burn down the hut to catch a bedbug.”

June 11, 2024|Blogs

Evidence Shows Productivity Benefits of AI

The emerging field that studies LLM productivity-boosting effects offers increasingly auspicious evidence that AI is boosting productivity, particularly for less productive workers. However, additional studies will be necessary to understand AI’s broader impact on firm productivity and the economy.

June 10, 2024|Blogs

New York Children’s Safety and Privacy Proposals Take Control Away From Parents

Governor Kathy Hochul has announced a three-pronged proposal that, while well-intentioned, would take too much control away from parents and add to the state-by-state patchwork of legislation that complicates compliance and creates confusion for consumers.

June 10, 2024|Blogs

Fact of the Week: An Increase in ICT Industries’ Share of Output Raises Labor Productivity

A discussion paper suggests that ICT sectors have a positive association with a country’s productivity.

June 7, 2024|Blogs

Mexico, Maize, and Food Sovereignty

Mexico's newly elected president, Claudia Sheinbaum, can reverse President Andrés Manuel López Obrador's anti-innovation policies toward genetically modified maize, and improve the lives of small farmers across Mexico.

June 6, 2024|Blogs

Is Meta Really a Monopoly? Debunking the FTC’s Market Definition Metaphysics

The FTC’s case against Meta seems to resort to quite medieval methods in trying to show, contrary to reality, that Meta has monopoly power under current legal standards.

June 6, 2024|Blogs

State Antitrust Expansionism: A Potential Roadblock for American Innovation

As the antitrust landscape evolves and states continue to flex their enforcement muscles, including by considering new antitrust legislation, businesses risk finding themselves caught in a web of inconsistent regimes and overdeterrence that harms innovation.

June 5, 2024|Blogs

The U.S.-China AI Dialogue Would Benefit From More Stakeholders

The United States and China commenced their first intergovernmental dialogue on AI in Geneva on May 14, 2024. This dialogue was a crucial step towards better cooperation between the United States and China on addressing AI risks, but given the continued growth in both commercial and military AI applications, much more collaboration is necessary, including among non-governmental stakeholders.

June 3, 2024|Blogs

Fact of the Week: Mobile Broadband Access Helped Reduce COVID-19 Cases in Indonesia by 25 Percent

A recent working paper suggests that mobile broadband access had a significant effect in reducing COVID-19 cases.

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