James Pethokoukis

AEI5 questions for Benedict Evans on AI, self-driving cars, and 5G Should we be so pessimistic about the role of technology in our lives? Has 5G been overhyped? And when will autonomous cars be a reality for consumers? On this episode, Andreessen Horowitz's Benedict Evans discusses why we respond the way we do to technological change and where the tech industry is taking us next. Benedict Evans is a partner at the Silicon Valley venture capital firm Andreessen Horowitz (‘a16z') and also runs a popular email newsletter. What follows is a brief excerpt from our conversation. You can read the full transcript [...]
Wed, Apr 17, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS
AEIIs US innovation getting stuck in a thicket of patents? If technology is advancing crazy fast, why aren't those advances showing up in the broader productivity and economic growth numbers? Or as economists Erik Brynjolfsson, Daniel Rock, and Chad Syverson describe this mystery in their 2017 paper “Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics:” “Systems using artificial intelligence match or surpass human-level performance in more and more domains, leveraging rapid advances in other technologies, and driving soaring stock prices. Yet measured productivity growth has declined by half over the past decade, and real income has [...]
Tue, Apr 16, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS
how America can win the tech war against china
AEIThe internal contradictions of the Trump trade policy Again, what problem is America's trade conflict with China trying to solve? President Trump is a trade-deficit obsessive, but even substantial progress in eliminating the bilateral US-China trade gap is unlikely to alter the overall US trade deficit. (That imbalance is driven by US domestic macroeconomic policy, not dumb trade deals.) President Donald Trump takes part in a welcoming ceremony with China's President Xi Jinping at the Great Hall of the People in Beijing, China, November 9, 2017. Reuters. What's more, pushing Beijing to agree to import more US products is, in effect, demanding more [...]
Tue, Apr 16, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS
AEI5 questions for Claude Barfield on 5G, Huawei, and national security Does allowing Huawei to build Europe's 5G network pose a threat to international security? And to what lengths should the US go to help Huawei's European competitors? On this episode, AEI's Claude Barfield discusses the race to build the world's 5G backbone and how the Trump administration should police Chinese intellectual property theft. Claude Barfield is a resident scholar at AEI and a former consultant to the office of the US Trade Representative. He has written extensively about 5G, China, and Huawei. What follows is a brief excerpt from our conversation. [...]
Tue, Apr 16, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS
President Donald Trump holds a news conference
AEIThe Trump tax cuts, considered There are different ways to judge the Tax Cuts and Jobs Act, also known as the Trump tax cuts. (Or #TaxScam to many Democrat on social media.) Politically the law is unpopular with 49% disapproving and 40% approving, according to Gallup. While its popularity jumped in the first few months after passage in December 2017, approval ratings have been pretty steady since then. President Donald Trump holds a news conference to mark six months since the passage of the Tax Cuts and Jobs Act, in the White House East Room in Washington, June 29, 2018. Reuters One possible [...]
Mon, Apr 15, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS
AEIWhere is the tech industry taking us next? A long-read Q&A with Benedict Evans Should we be so pessimistic about the role of technology in our lives? Has 5G been overhyped? And when will autonomous cars be a reality for consumers? On this episode, Andreessen Horowitz's Benedict Evans discusses why we respond the way we do to technological change and where the tech industry is taking us next. Benedict Evans is a partner at the Silicon Valley venture capital firm Andreessen Horowitz (‘a16z') and also runs a popular email newsletter. What follows is a lightly edited transcript of our conversation. You can [...]
Mon, Apr 15, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS
AEIPete Buttigieg and the ‘Reagan consensus' Democratic presidential candidate Pete Buttigieg, mayor of South Bend, Indiana, said some confusing things — or at least some things that confused me — in an interview with CNBC reporter John Harwood. Here is part of their exchange: Buttigieg: … The economy is not some creature that just lumbers along on its own. It's an interaction between private sector and public sector. And public sector policies, for basically as long as I've been alive, have been skewed in a direction that's increasing inequality. And a lot of this is the consequence of what you might call [...]
Fri, Apr 12, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS
AEIEven the anecdotal evidence of Big Tech's anti-conservative bias isn't super compelling Sen. Ted Cruz led off Monday's congressional hearing on Big Tech's supposed anti-conservative bias with a humble concession: “I will note much of the argument in this topic is anecdotal. It's based on one example or another example.” And the reason for that, Cruz continued, is insufficient transparency by Google, Facebook, and Twitter. “Nobody knows what the raw data is in terms of bias,” he added. Senator Ted Cruz (R-TX) shows a board before a Senate Judiciary Constitution Subcommittee hearing titled “Stifling Free Speech: Technological Censorship and the Public Discourse.” [...]
Thu, Apr 11, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS
AEIAmerica needs more immigrants — of all kinds Openness to immigration has helped make America great. And it's hard to see how less immigration helps keep America great or confront major national challenges. For instance, Baby Boomer aging and retirement means the US economy is “entering an era in which it will need far more workers than the US-born population can provide” to both “replace them and care for them,” according to AEI scholars Pia Orrenius and Madeline Zavodny in a recent analysis. There is a strong case that we are going to need more low-skilled workers as the economy creates [...]
Wed, Apr 10, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS
AEIHuawei and the battle to build the 5G backbone: A long-read Q&A with Claude Barfield Does allowing Huawei to build Europe's 5G network pose a threat to international security? And to what lengths should the US go to help Huawei's European competitors? On this episode, AEI's Claude Barfield discusses the race to build the world's 5G backbone and how the Trump administration should police Chinese intellectual property theft. Claude Barfield is a resident scholar at AEI and a former consultant to the office of the US Trade Representative. He has written extensively about 5G, China, and Huawei. What follows is a lightly [...]
Wed, Apr 10, 2019
Source: James Pethokoukis Category: JAMES PETHOKOUKIS