AGI (Artificial General Intelligence) is the AI that could learn, decide and execute, and we are already in its early days.  Just this week, Meta has rolled out its agent Muse, and quite a few service-based digital platforms have seen their stock price drop in the US stock market.  Its related conversation has shifted from “what if” to “how fast,” and the answer is unsettling.

US-China Economic and Trade Negotiations Help Manage Disagreements, but Industry-Level Trade Disputes Will Not Automatically Disappear. Since last year’s Busan summit and President Trump’s visit to China in May this year, both sides have continued to advance dialogue.

As AI and intelligent systems improve, the time for companies to generate a quote using AI has been shortened from half a day to just a few minutes; however, customers may still have to wait a week to receive the quote.

Could a fake one-star review help a business? Online consumer reviews make or break digital sales. Filtering out the fakes has been an ongoing headache for platforms such as Amazon and Google, but our recent study of the Apple App Store surprisingly shows that negative fake reviews are pushing targeted apps higher up the charts. What, then, are the lessons for digital platforms, app developers, and users?

People hope that the development of AI will make capabilities more accessible across all levels. In reality, AI is, on the one hand, making ordinary capabilities more uniform, while on the other hand raising the ceiling for exceptional capabilities. The floor of ability is being lifted, while the ceiling of ability is disappearing.

Did the Great Recession leave us with unresolved questions? If most people think the 2008 trade collapse was all about falling demand, it may be time to reconsider. Our recent study identifies an important but overlooked mechanism: global productivity shocks drove multinational production down, and because multinationals are highly trade intensive, their decline affected global trade to a similar extent. Instead of buffering the blow, these multinationals inadvertently transmitted headquarters country productivity shocks across borders, deepening GDP declines in countries that relied on them most. Understanding this transmission channel is important for strengthening resilience ahead of future global disruptions.

Is artificial intelligence coming for your job? A recent study from HKU Business School on nearly 3,000 Chinese-listed firms reveals a surprising twist: AI is not replacing the general workforce but giving them a raise. Higher AI adoption increases labor income share and actively shrinks the corporate pay gap. But to make the most of it, organizations must overcome one major bottleneck…

Generative artificial intelligence (AI) is rapidly proliferating and is simultaneously changing both the methods of fraud and approaches to fraud prevention. Fraudsters can now create highly realistic fake content at lower cost and greater speed, impersonating relatives, friends, supervisors, investment experts, or even government agencies to trick targets into transferring funds, disclosing sensitive information, or approving high-risk transactions.