Asia & the Pacific

Citizens voluntarily carry Big Brother and his relatives in their pockets. Along with big data and artificial intelligence, technology has made the problem of defending democracy from information warfare far more complicated than foreseen two decades ago. And while rule of law, trust, truth and openness make democracies asymmetrically vulnerable, they are also critical values to defend.  Any policy to defend against cyber information war must start with the Hippocratic oath: first, do no harm.

In August 2018, the nonpartisan Aspen Strategy Group (ASG) convened its thirtyfourth annual meeting in Aspen, Colorado. Over the course of three days, ASG members and invited experts from government, universities, think tanks, and the private sector debated the impact of dramatic technological change over the next decade on American national security. Our conversations covered a wide breadth of emerging technologies—artificial intelligence, machine learning, quantum computing, and biotechnology—and the challenges they pose to America’s military, the intelligence community, U.S. economic power, and democratic institutions. Our group grappled with the central dilemma of how the U.S. government can harness these technologies—developed primarily in the private sector and research labs—to compete with China and other adversaries in the years ahead.

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.

Early in Richard Rhodes’s new book, “Energy: A Human History,” we hear of a prominent citizen using colorful language to lament the state of his polluted city and urge his government to shut down industry or move it elsewhere: “If there be a resemblance of hell upon earth, it is in this volcano [on] a foggy day.” Though this could easily apply to modern-day Beijing, the speaker here is John Evelyn, a wealthy horticulturalist and one of the founders of the scientific Royal Society of London — and he’s complaining about London in 1659.

Like revolutions in the past the on-going AI revolution will produce winners and losers. The first industrial revolution in the 18th century changed the world of production and paved the way for Britain’s global leadership. Similarly, the current digital revolution is redefining the service sector and China’s role in the world.

The rise of China and the election of President Donald Trump have led many to believe that the American century is effectively over. But the United States still has important power advantages — both globally and in the Asia-Pacific region — that will last well beyond the next four or even eight years.

Key features of Chinese history and culture have put it in a position to become the global leader in artificial-intelligence technologies, surpassing even the tech giants of Silicon Valley. But to do so, China will need to overcome economic hurdles – both at home and abroad – that could stand in its way.

This Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment.

Are we living through the re-mystification of the world?

Much that goes on around us is baffling these days. Financial market movements, for example, seem increasingly mysterious. Why, after close to a decade of sustained recovery from the nadir of early 2009, did global stock markets sell off so sharply this month?

This paper is a background review representing part of the initial phase of the Financing the Urban Transition work program. The review builds on a growing body of research that highlights both the importance of national sustainable infrastructure and the need to develop more effective and efficient financing mechanisms for delivering compact, connected cities that meet the UN’s Sustainable Development Goals. While progress has been made in both these areas over the last five years, there remains a policy gap between the international/national level and the municipal level.