The article argues that the Federal Reserve's recent rate hike decision, while justifiable on inflation grounds, highlights a critical lack of an underlying, transparent policy framework. The core problem is that the Fed's decisions appear discretionary, leading to market uncertainty because the committee's judgment, rather than clear data, dictates policy shifts. The author proposes that the Fed adopt a formal monetary policy rule—an algebraic formula linking the target rate to indicators like inflation and unemployment—to replace subjective guidance. Implementing such a rule would provide market predictability, enhance transparency, and shield the Fed from political attacks by making deviations from the standard easily quantifiable.
America’s Endangered AI
English Summary
The article highlights the escalating threat of state and non-state actors weaponizing advanced AI models for sophisticated cyberattacks. Key evidence includes Anthropic reporting large-scale, automated cyberattacks orchestrated by Chinese operators, and OpenAI noting intensified phishing and malware efforts by Iranian hackers. These incidents demonstrate that cutting-edge AI is being used to target critical U.S. infrastructure with minimal human intervention. Policymakers must urgently develop robust defensive strategies and international norms to mitigate the vulnerability of national systems to AI-powered cyber warfare.
中文摘要
本文強調了國家和非國家行為者將先進人工智慧(AI)模型武器化,用於發動複雜網路攻擊的威脅日益升級。關鍵證據包括Anthropic報告了由中國營運者發起的大規模自動化網路攻擊,以及OpenAI指出伊朗駭客進行了更為激烈的網路釣魚和惡意軟體活動。這些事件證明,尖端AI正被用於以極少人工干預的方式,攻擊美國的關鍵基礎設施。政策制定者必須緊急制定強健的防禦策略和國際規範,以減輕國家系統在AI驅動網路戰中的脆弱性。
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