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The strategic rivalry between the United States and China is intensifying rapidly, and judging by US Treasury Secretary Janet Yellen’s recent speech on the matter, further escalation is to be expected. This has contributed to dire predictions about China’s economic prospects, but both sides stand to lose.
People around the world have been feverishly engaging with OpenAI’s ChatGPT for months, yet we have barely scratched the surface of what generative artificial intelligence can do. Its capabilities are widely expected to transform our economies and societies, though there is far less agreement that the changes will be for the better.
There can be little doubt that the world is heading in a more violent, hair-trigger direction. As multilateralism continues to break down, more countries are arming and shoring up their defense alliances, creating a self-fulfilling dynamic. A new age of insecurity may be upon us.
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