Search results for Brookings
AI & Enterprise
AI infrastructure investment could top $10 trillion; U.S. GDP 3.63 percent outlook
U.S. investment in AI infrastructure could exceed $10 trillion over the next eight years, prompting Tesla CEO Elon Musk to react by citing a “K2 economy,” without judging whether the scale is excessive. A chart cited by Musk was based on a Brookings paper by Columbia University professor Stijn Van Nieuwerburgh. The study estimates $10.3 trillion in U.S. spending in 2025-2032, averaging 3.63 percent of GDP, above past U.S. infrastructure booms.
Crypto
SEC, CFTC step up crypto rulemaking after Clarity bill stalls in U.S. Senate
After the Clarity bill, a comprehensive U.S. crypto regulatory proposal, stalled in the Senate, federal regulators accelerated efforts to update rules using existing authority, CNBC reported. The SEC issued an order outlining a temporary path to allow some tokenised stock trading, while the CFTC sent a crypto rule proposal for White House review. Industry figures and lawmakers urged clearer rules, as state-federal tensions over regulatory authority intensify.
AI & Enterprise
Experts urge human control to keep AI from deciding on nuclear weapons
U.S. and Chinese security experts proposed joint principles to prevent artificial intelligence from independently deciding on attacks on nuclear command systems or the use of nuclear weapons. A Brookings Institution and Fudan University report urged expanding the human-control principle used for nuclear weapons to broader military AI. It called for humans alone to decide on cyberattacks targeting NC3 or critical infrastructure and warned that fast, unpredictable AI could escalate crises. The proposal also includes a military AI hotline and a shared definition of human control.
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AI & Enterprise
\"AI builds AI\" - U.S.-China self-improvement race reignites \"AI extinction\" theory
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Crypto
Bond markets wobble but bitcoin stays calm as Japan 10-year yield tops 3 percent
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Crypto
Bitcoin hits August high overnight as focus turns to U.S. CPI and PPI this week
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Crypto
Prominent economist says bitcoin is not a safe haven asset, cannot hedge currency debasement
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AI & Enterprise
Why the U.S. is wary of Moonshot AI\'s Kimi K3
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AI & Enterprise
Anthropic appoints former Fed chair Bernanke to AI oversight body
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AI & Enterprise
U.S. data centre projects face backlash over power and water use as AI demand rises
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Crypto
BlackRock urges changes to GENIUS Act implementing rules amid differences with OCC
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Industry
China formalises 2030 semiconductor self-reliance strategy; Korean firms face benefits and threats