What AI regulation is really trying to control
Behind the debate over rules for artificial intelligence lie three distinct concerns: the capabilities of systems, how they are used, and who is accountable when they fail.
Artificial intelligence, cybersecurity, software, semiconductors and digital platforms.
Behind the debate over rules for artificial intelligence lie three distinct concerns: the capabilities of systems, how they are used, and who is accountable when they fail.
Live sport is one of the few things audiences still watch together and in real time. That makes the rights to show it unusually prized, and unusually hard to price.
Land-use regulation rarely makes headlines, yet it sets the ceiling on housing supply. Understanding it explains why some cities grow up, some grow out and some barely grow at all.
Building a modern semiconductor plant requires far more than money. It depends on accumulated know-how, specialised suppliers and a production process that tolerates almost no error.
Software flaws persist not because nobody knows how to fix them, but because the people who could fix them often do not bear the cost of leaving them unfixed.
Proving that a medicine helps is harder than it sounds. Randomisation, control groups and blinding exist to separate genuine effects from chance, hope and bias.
When teams buy and sell the contracts of athletes, they are trading scarce talent under unusual rules. The result is a market prone to bidding wars and sharp swings in value.
Putting a price on pollution lets markets find the cheapest ways to reduce it. The design details — caps, allowances, offsets and exemptions — decide whether the theory holds.
A charge that looks trivial in a single year compounds alongside returns. Understanding how fees work is one of the simplest ways for savers to keep more of what they earn.
Profits are an accounting opinion; cash is a fact. The cash-flow statement shows where money really came from and where it went.
Drug prices reflect not just production costs but bargaining power, regulation and the way companies recover the cost of research.