If you watched Nvidia CEO Jensen Huang's remarkable presentation at Taipei Computex last month, you would be convinced that AI has ushered in a new Industrial Revolution, in which accelerated computing with the latest AI chips unleashed the power of doing everything faster, more efficiently, and with less energy
The Great Tech story implies that the world will see a smaller group of winners who bigger clout than the rest.
In other words, the world is in disunion not just from wealth and income disparities, but through the widening digital and knowledge application gaps.
In an over-crowded planet, the system is inherently unstable when we attempt to resolve differences via conflict and war
The images and news coming out of Gaza are so horrific that I cannot think of anything hopeful or constructive that can come of this cataclysm.
The global financial system looks stable, because central banks have shifted more and more debt onto their books.
The profit model of business has ignored climate change for too long.
The global financial system is in a real bind.
Is the Coronavirus racist? Of course not. The Covid-19 and its variants do not discriminate between race, creed or borders. They simply infect everyone indiscriminately, so the only defence is vaccines and social distancing.
Is democracy in decline, retreat or under siege? This is a soul-searching question by many who agonise over a lost golden age of democracy, freedom and rule-based world order.
On April 29, the US will celebrate the first 100 days of 46th President Joseph Biden. After four years of chaotic Trump governance, the world is relieved how quickly Biden was able to deliver calm and competent professionalism in tackling the pandemic, economy and setting the tone on foreign affairs.
Late last month, the Biden Administration unveiled a USD 2 trn infrastructure programme that aims to modernise American infrastructure.
"April is the cruellest month”, so said the poet TS Eliot in his 1920s poem, the Wasteland. The April Spring meetings of the IMF/World Bank will be held virtually this year, locked down by the pandemic that is raging into its third wave worldwide.
The pandemic has left us a terrible mess to clear up. What policies will get us out of the huge debt that we have incurred to pay for the health, wealth and job crises? 2020 was a year of terrible devastation, cushioned only by massive government spending.
As vaccines begin to roll out, there is increasing awareness that vaccines are not the silver bullets to kill the pandemic.
Where is Wall Street going in the post-pandemic world? Finance is supposed to serve the real economy (Main Street), but the US and global economies are in the midst of a pandemic and recession, while Wall Street profits are higher than ever.
A week is a long time in politics. Last Wednesday, armed supporters of President Trump stormed the sanctity of the Capitol, the temple of American democracy.
The end of the year is a good time to reflect. The devastating pandemic marked a year few of us would ever forget.
