Science & Technology

Stephen Walt writes that the future will be determined by a handful of big questions: What is China's future trajectory; How good are America's cybercapabilities; What's going to happen to the EU; How many states will go nuclear in the next 20 years; and Who will win the debate on U.S. grand strategy?

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.

Former Deputy Secretary of Energy Elizabeth Sherwood-Randall is joining Harvard Kennedy School’s Belfer Center for Science and International Affairs as a Senior Fellow, the Center announced today. Sherwood-Randall, who has served in the White House and Departments of Energy and Defense, is returning to the Center where she worked in the 1990s to help establish two pioneering projects – the Strengthening Democratic Institutions Project with Graham Allison, who this month stepped down as the Center’s director, and the Preventive Defense Project with Ash Carter, the former Secretary of Defense who is the new Belfer Center director.

Kyriakos Mitsotakis (Harvard BA ’89), president of the Greek opposition party Nea Dimokratia (New Democracy,) laid out his vision for a tough but achievable strategy to revitalize the Greek economy and strengthen the nation’s ties to the European Union in an October 13 seminar.

Sandri Gozi, Italian Undersecretary of State for European Affairs, joined the Future of Diplomacy Project on November 1 for a discussion titled “Italy, the EU and the US: A Conversation on Transatlantic Challenges.”