Asia & the Pacific

What the Iron Man-like character is claiming for his futuristic automotive company is not unheard of. On a systemic basis, mammoth institutional investment—especially from sovereign wealth funds (SWFs)—is flowing into start-ups and technology-oriented publicly traded companies. In this case, Saudi billions would help Mr Musk escape the pressures of being publicly listed. SWFs have invested large sums into high-growth start-ups promising innovation and financial returns. In fact, just this month, Saudi’s Public Investment Fund (PIF) announced a US$1bn investment in Tesla’s rival, Lucid, and a US$2bn stake in Tesla. The rise in SWF balance sheets and activity is having ramifications on global efforts to be more Silicon Valley-like, and on Silicon Valley itself.

Putin and his government seek respect, stability from next U.S. administration, panel says.

"In little more than a generation, the Internet has become the substrate of the global economy and governance worldwide. Several billion more human users will be added in the next decade, as will tens of billions of devices, ranging from thermostats to industrial control systems (the 'Internet of Things'). All of this burgeoning interdependence implies vulnerabilities that governments and non-governmental actors can exploit. At the same time, we are only beginning to come to terms with the national-security implications of this. Strategic studies of the cyber domain resemble nuclear strategy in the 1950s: analysts are still not clear about the meaning of offense, defense, deterrence, escalation, norms, and arms control."

"If we didn't have all these cool high-tech hammers, in short, we'd have to stop treating places like Afghanistan, Pakistan, Iraq, and Syria as if they were nails that just needed another pounding, and we might work harder at marginalizing our enemies within their own societies. To do that, we would have to be building more effective partnerships with authoritative sources of legitimacy within these societies, including religious leaders. Our failure to do more to discredit these movements is perhaps the single biggest shortcoming of the entire war on terror..."

While decisionmakers warn about the cyber threat constantly, there is little systematic analysis of the issue from an international security studies perspective. Cyberweapons are expanding the range of possible harm between the concepts of war and peace, and give rise to enormous defense complications and dangers to strategic stability. It is detrimental to the intellectual progress and policy relevance of the security studies field to continue to avoid the cyber revolution's central questions.

"As for the perceived loss of America's much-vaunted superpower status, we simply need to come to terms with the changing reality of international relations, and accept that the United States will have to work with others to achieve its global aims. The changes of a global information age mean that even the world's only superpower can't go it alone."