“Unless an AI bust topples a major lender and triggers a full-blown financial crisis, the bigger risk today is different,” @carlbfrey.bsky.social@oii.ox.ac.uk. “AI hasn’t yet delivered a clear, broad-based productivity boost - precisely what our stagnating economies need.” aje.io/23xv5g
In 2007, the EU Presidency said that China’s trade surplus with the EU was “at unsustainable levels right now”. Since then, it has more than doubled. 🇪🇺 🇨🇳 🇬🇧