AI and Geoeconomics

Translated from Jean-Paul Betbèze, "Les leçons de la crise financière", Revue Etudes , Mars 2010. One can always think that lessons are going to be drawn from this crisis enlightning problems to be faced and new challenges to be considered. Indeed, nothing new will be possible without more saving in the United States, whithout more consuming in China; in other words United-States will have to accept a lower growth and China will have to think an economic growth outside of pure mercantilism. Nothing will ever be possible without a finer and faster control of the trade conditions of all goods and services; and at the first place, without the end of China's fixed rate with the US dollar. A tripolar world has been emerging, Asia, United-States, Europe: three currencies are needed. This world must be more and better monitored, with the commitment that: a) the rules will be stabilizing for everybody, and b) financial actors will be closely controlled by relevant and cooperat...

By Martha Minow (*) Although historians will surely devote much ink—or bytes—to the financial crisis, I believe that this time will be known as an inflection point in world history because of huge revolutions under way in the world—changes that make this an electrifying time to be in the legal profession. Consider the information technology revolution; the biomedical revolution, including genetic breakthroughs, biotechnology and nanotechnology; globalization affecting economic exchanges of legal and professional services; and the worldwide spread of biological and computer viruses, cultural trends and more. It’s also a time of great resource scarcity, global climate change, mass population growth and migrations of people. These shifts each day generate fundamental questions whose answers will alter the shape of the human experience. And I am certain that lawyers will play indispensable roles in tackling the issues raised by these developments and harnessing opportunities to secure orde...