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Tariffs have historically been used by governments for millennia to raise funds and to protect local industries from foreign competition. However, economists remain doubtful about the long-term benefits of taxing imported goods–with rising consumer prices and trade disputes complicating an inflation-ridden global economy and already tense geopolitical landscape.
Artificial Intelligence (AI) is disruptively revolutionizing industries, businesses and the workplace in previously unimaginable ways. Its rapid rise, however, raises pressing ethical concerns with socio-economic and political consequences–from biased algorithms and widespread misinformation to the loss of privacy. This article explores the most crucial ethical issues surrounding AI, and what can be done to responsibly harness its potential.
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