The "speed to power" race—the frantic, capital-intensive pursuit of AI dominance—has officially collided with the hard reality of thermodynamics. As Amazon, Google, and Microsoft accelerate their expansion into the next generation of generative AI, they are funneling approximately $750 billion into data center infrastructure across 2025 and 2026. However, this…
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In the landscape of 21st-century geopolitics, the definition of "development cooperation" is undergoing a profound and potentially damaging transformation. As OECD nations pivot toward inward-looking policies characterized by defense spending, industrial protectionism, and energy security, the traditional mechanisms of foreign aid are being repurposed. What was once intended as a…
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In the high-stakes arena of global technology, Meta—the parent company of Facebook, Instagram, and WhatsApp—finds itself at a critical crossroads. As the company accelerates its multi-billion-dollar pivot toward artificial intelligence, the surging energy requirements of its data centers are colliding with its long-standing environmental sustainability pledges. Despite a landscape increasingly…
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The rapid proliferation of generative artificial intelligence has triggered a massive industrial revolution within the technology sector, but it has arrived with a significant environmental cost. New data from the industry’s primary architects—Microsoft, Google, and Amazon—reveals that the frantic race to build the infrastructure necessary to power the AI age…
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By Kenneth Rogoff July 3, 2026 PARIS — To the casual observer of global economic trends, the European Union is currently locked in a precarious state of stagnation. Beset by glacial growth rates, the crushing fiscal weight of aging welfare states, and a palpable shortage of centrist political leadership, the…