Users of the internet can ignore its physical underpinnings. But for technologies like artificial intelligence and the metaverse to work, others need to pay attention, argues Abby Bertics
The Economist SPECIAL REPORTS (January 12, 2024): The latest issue is focused on ‘Philanthropy’ – Move fast and mend things. Charitable organizations are hoping to get money to the needy faster….
They are hoping to get money to the needy faster, says Avantika Chilkoti
A nudge is not always enough to force change within an industry. Sometimes a series of forceful shoves is required. In the rarified world of Western philanthropy, the shoves began in 2020. The covid-19 pandemic, protests for racial justice across America that summer and the outflow of refugees from Ukraine starting in early 2022 created a new urgency around charitable giving and revealed failings in how it worked. Donors began to consider how they could disburse money faster and with more impact.
The Economist The World Ahead 2024 (November 14, 2023) – Future-gazing analysis, predictions and speculation including Ten trends to watch in 2024; 2024 will be stressful for those who care about liberal democracy; America will need a new vocabulary to discuss its presidential election; Europe needs to step up support for Ukraine; Don’t give up on peace in the Middle East, and more…
Life comes at you fast. Whether it’s the upsurge in armed conflict, the redrawing of the global energy-resources map or rapid progress in artificial intelligence (ai), the world is changing at mind-boggling speed. From the situation in the Middle East to the adoption of electric vehicles to the treatment of obesity, things look very different from the way they did just a year or two ago. Our aim is to help you keep your worldview up to date—and tell you what might be coming next. To kick things off, here are ten themes to watch in the coming year.
In theory it should be a triumphant year for democracy. In practice it will be the opposite
By Zanny Minton Beddoes
More than half the people on the planet live in countries that will hold nationwide elections in 2024, the first time this milestone has been reached. Based on recent patterns of voter turnout, close to 2bn people in more than 70 countries will head to the polls. Ballots will be cast from Britain to Bangladesh, from India to Indonesia. Yet what sounds like it should be a triumphant year for democracy will be the opposite.
The fragility of the Western coalition is a crucial weakness
By Patrick Foulis
As 2023 drew to a close, wars were raging in Africa, Israel and Gaza, and Ukraine. These crises are explosive in their own right. Combine them with a presidential race in America and 2024 promises to be a make-or-break year for the post-1945 world order.
The 2020s were destined to be dangerous. The West’s share of world gdp has fallen towards 50% for the first time since the 19th century. Countries such as India and Turkey believe the global institutions created after 1945 do not reflect their concerns. China and Russia want to go further and subvert this system.
The Economist SPECIAL REPORTS – CHINA’S ARMED FORCES (NOVEMBER 11, 2023): Overestimating China’s armed forces would be dangerous; Unknown soldiers – The People’s Liberation Army is not yet as formidable as the West fears; Rank indifference – China is struggling to recruit enough highly skilled troops; Weapons of woe – From hypersonic missiles to undersea drones, the PLA is making leaps…
Overestimating China’s armed forces would be dangerous, argues Jeremy Page
In 1957 america was gripped by fears of a “missile gap” with the Soviet Union. The Kremlin had stunned the world with a test flight of an intercontinental ballistic missile (icbm) and the launch of Sputnik. An American intelligence report predicted that by 1962, the Soviets could have 500 icbms, outstripping America’s arsenal. When word of that leaked, a political furore erupted. Eyeing the presidency from his Senate seat, John F. Kennedy demanded action to prevent a Soviet “shortcut to world domination”.
The Economist – Special Reports (May 20, 2023): The fight over payments systems is hotting up around the world. There may be surprising winners, says Arjun Ramani.
The fight over payments systems is hotting up around the world. There may be surprising winners, says Arjun Ramani
Payment is one of the most fundamental economic activities. To buy anything, you need something the seller wants. One option is barter, but that is beset by friction (what are the chances of having something your counterparty wants at any exact moment?). Early forms of money, from cowrie shells to beads to metal coins, offered a solution: they were always in demand to settle transactions.
Boomers Daily 