Business and Regulation

If you google “AI” in the news these days, it is hard to find a story that is not focused on existential risk of omnipotent AI fully erasing humanity. While I do not buy into the doomsayer’s worst-case scenarios, my experience as an AI advisor to business executives and policy makers tells me this time is different.

With the US Congress unable to pass crypto legislation, state regulators have been taking over the field. As a result, there are discrepancies and differences among US states, negatively impacting consumers and companies. Within a global crypto market, multiple states regulating in the absence of singular, Congressional action is hurting both consumers and businesses.

Impact investing can be a game changer in solving social problems. Yet, the lack of impact accounting standards enables investors without any social impact to disguise themselves as “impact investors” to improve the image of the company.

Remittances play an instrumental role in Nigeria’s economy, yet, an estimated 50% of remittances are channeled through informal networks. Newly proposed strategies can enhance Nigeria’s remittance flows through formal channels.

Evidence on the spillover effects of tax incentives is mixed and ambiguous while evidence on the impact of tax incentives on revenue loss for public services is clear. It is time for voters and politicians to use tax incentives with care, given their high costs and controversial benefits.

Without focused reform, Medicare Part B drug spending will continue to grow at a faster rate than any other section in Medicare.

Young people are especially susceptible to abusing weight loss supplements. Age restrictions will protect them.

As AI continues to reshape our world, forging a comprehensive legal framework becomes crucial to steer AI’s advancement in a globally responsible and ethically sound direction, which ultimately should be supported by customary international law so that the responsibility fall equally on all countries.

Alternative protein sources, such as insects, have emerged as promising solutions that could help reduce the environmental impact of food production while providing a nutritious and accessible protein source.

While artificial intelligence technologies are progressing fast, compliance costs have become a huge financial burden for AI startups, already constrained by tight research & development (R&D) budgets. Complex regulatory processes, that vary across the globe give well-established technology firms an upper-hand over resource-constrained startups.1 If this continues, giant tech firms may monopolize AI technologies, phasing […]

Daniel Agbiboa, an assistant professor of African and African American studies at Harvard University, has called on African policymakers to prioritize people’s voices when enacting policies concerning the informal transport sector in Africa. Speaking during an interactive program hosted by Africa Policy Journal, Professor Agbiboa highlighted the importance of considering the views of ordinary citizens […]

Dr. Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), recently spoke in an exclusive interview with Africa Policy Journal, calling on African nations to develop regulations to promote digital trade and e-commerce on the continent. She praised the efforts of young people who are engaging in digital trade and stressed the importance of […]