Noam Yuchtman, 14 January 2022

The Chinese government isn't just a world leader in the use of AI for facial recognition, its orders are funding innovation in its domestic industry too. But what's good news for entrepreneurs may be bad news for political protest, Noam Yuchtman tells Tim Phillips.

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Beraja, M, Kao, A, Yang, D and Yuchtman, N. 2021. 'AI-tocracy'. CEPR

Martin Beraja, Andrew Kao, David Yang, Noam Yuchtman, 17 December 2021

The growth of artificial intelligence technology brings the potential of a ‘fourth industrial revolution’, but also poses challenges for democratic institutions. This column analyses the mutually reinforcing relationship between AI innovation and the political control objectives of autocrats. In the context of facial recognition AI in China, it shows that episodes of local political unrest lead to higher public procurement of AI technologies. Furthermore, these technologies are shown to mitigate the potential for exogenous shocks to trigger unrest, while also boosting broader software innovation in affected regions. 

Bei Qin, David Strömberg, Yanhui Wu, 25 May 2018

The Chinese government has invested heavily in surveillance systems that exploit information on social media. This column shows that these systems are very effective, even in their simplest form. From the government’s point of view, social media, although unattractive as a potential outlet for organised social protest, is useful as a method to surveil protests, monitor local officials, and disseminate propaganda.

Jean Pisani-Ferry, 10 April 2016

The dramatic episodes in the Eurozone in the past few years called for a number of policy reactions. Yet the response was usually limited to what was deemed indispensable to ensure survival. This column discusses how such half-solutions paved the way for future crises. The author also puts forward a few proposals regarding the Eurozone’s policies. Among them are a European Monetary Fund, an overhaul of surveillance, the completion of banking union, an insolvency procedure for sovereigns, and Eurobonds of some sort. And the sooner such issues are deeply discussed, the faster coherent solutions can be reached.

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