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Professor Kristin J. Forbes said recent research shows early warning signs in US debt markets, even as demand for the dollar remains strong. "There is a growing gap between demand for the dollar and demand for US Treasuries. That divergence can persist, but when it closes, it can do so quickly." Forbes said the key risk to the dollar is not competition from other currencies, but declining confidence in US economic management.

Even before AI, people in the U.S. were feeling increasingly pessimistic about the economy and their future prospects, said IDE research affiliate Paul Kedrosky. "I think the disruption is going to be massive," he said. "It's going to be a huge leveler in terms of bringing up countries that were struggling to advance, and now feel like they've got a cheat code." That's a big part of why there is so much excitement about AI in other countries, he added.

Research scientist Ranjan Pal and co-author wrote: "Quantification helps prioritize resources, but judgment is critical for understanding the complex digital interconnections that characterize today's world. The next major cyber event will likely involve cascading supply chain failures — a domain where quantification falters and strategic judgment becomes indispensable."

In the debate over corporate management, meritocracy is often considered the key to fairness and efficiency. However, professor Emilio Castilla challenges this belief. Through detailed analysis and data collected in his book "The Meritocracy Paradox," he shows how declaring a meritocratic system paradoxically increases prejudice and discrimination.

In his recent book "Shared Wisdom," professor Alex Pentland argues that the development of machine learning can help foster cooperation among people. "Shared wisdom is what your community believes," explains Pentland. "It's not necessarily the truth; it simply means saying, 'We all believe this to be true. Now we can act on it.'"

"Texas has spent the last few years becoming one of the key centers of bitcoin activity, especially on the mining side," said research scientist Christian Catalini. "Once you've made that bet on infrastructure and industry, adding some bitcoin exposure at the treasury level is a natural next step," Catalini said.