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
Crypto capture of foreign aid
Official development assistance fell by 23% in 2025, the largest drop on record. Aid disbursements have tended to coincide with deposits in offshore banks. This
What happens to innovation after Big Tech buys a startup
Concerns abound that ‘killer acquisitions’ by tech giants could deter startup entry and stifle innovation. This column analyses patent data before and after 1,200 acquisitions
Tokenised finance: Towards better markets?
Tokenised finance has moved from the margins of crypto markets to the centre of the policy agenda. Central banks, regulators, and market participants are debating
Financing the AI buildout before the risks go off balance sheet
The AI boom is usually discussed as a contest over models, chips, and productivity. This column argues that it is also a large physical infrastructure
Measuring what work generative AI does: Survey evidence versus chat logs
The chat logs of AI companies are often used to measure what work AI actually does. This column uses a nationally representative US survey that
The energy transition: Progress and challenges
Solar and wind have become the cheapest sources of new electricity almost everywhere, yet Europe is now switching them off in record numbers. This column
Productive firms can better spot and deploy their internal talent
When a job vacancy opens, the manager faces a choice: to hire from outside the organisation, or to fill the position with an existing employee
New jobs in 140 years of data: Why the AI displacement fear is overstated — and what to worry about instead
Forecasts of AI-driven job destruction rest on counting automatable tasks. But labour markets hire, pay, and fire whole occupations, not tasks – and occupations have
Workers’ age and AI adoption
Numerous studies have analysed the effects of AI on productivity, growth and employment. Few of these focus on the factors that promote or hinder the
