Fix education to make AI work across Europe and Central Asia
The countries of Europe and Central Asia (ECA) cannot afford to miss the opportunity that artificial intelligence (AI) offers, but they will not seize it
Why AI goes rogue and what can be done about it
There are technical, political and behavioural responses to rogue AI, but risks cannot be fully eradicated Artificial intelligence companies are increasingly reporting incidents in which
Letting AI agents write econometric code
Large language models increasingly write the code behind empirical research. This column reports a benchmark of 40 econometric tasks in Stata, R, and Python. For
71% of surveyed emerging-market firms use AI. How deeply are they adopting it?
Last year, we surveyed firms in emerging markets backed by private equity (PE) and venture capital (VC) funds, which we refer to as frontier firms,
Financing the AI boom: Winners and losers in corporate bond markets
The expansion of artificial intelligence has triggered a surge of investment and rising equity values at technology firms. The largest firms, known as ‘hyperscalers’, issued
Worker-managed firms can curb inequality and protect free markets
Rising income inequality in Western high-income countries threatens democratic governance and social cohesion, and AI risks making it worse. Drawing on a forthcoming book, this
Fed’s Williams sees no urgency for next Fed rate hike
Fed’s Williams says there’s time to parse data before raising rates again Federal Reserve Bank of New York President John Williams said on Tuesday that
From AI pilots to scale: Improving the delivery of public services
How can AI be used to deliver better public services? That’s one of the big questions for developing countries. Governments are already experimenting with AI
Trump welcomes Xi to Washington looking for a trade win
US President Donald Trump welcomes Chinese President Xi Jinping to the White House on Thursday for a lavish state summit expected to be heavy on
Decoding AI — What the promise of artificial intelligence means for developing economies
Most of what we hear about artificial intelligence comes through the lens of advanced economies: the race to build the most powerful models, the fear
