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the money markets were not waiting for an act of faith in Laffer Curve fundamentalism after all. This was “Reaganism without the dollar.” Without the confidence afforded to the global reserve currency, the pound went into free fall.

Ms. Truss and Mr. Kwarteng seemed to have believed that by patching together all of the most radical policies of Thatcherism (while conveniently dropping the need for spending cuts), they would be incanting a kind of magic spell, an “Open sesame” for “global Britain.” This was their Reagan moment, their moment when, as their favorite metaphors put it, a primordial repressed force would be “unchained,” “unleashed” or “unshackled.”But as a leap of faith, it broke the diver’s neck.

As Thatcher herself put it, “Economics are the method; the object is to change the heart and soul.” Britain needed a leap of faith to restore itself.

While the Gen X Thatcherites didn’t scrimp on data, they also saw something ineffable at the root of British malaise. “Beyond the statistics and economic theories,” they wrote, “there remains a sense in which many of Britain’s problems lie in the sphere of cultural values and mind-set.”

“Britannia Unchained” expressed a desire to go back to the future by restoring Victorian values of hard work, self-improvement and bootstrapping.

They followed their idol not only in her antagonism to organized labor but also in her less-known fascination with Asian capitalism. In 2012’s “Britannia Unchained,” a book co-written by the group that remains a Rosetta Stone for the policy surprises of the last month, they slammed the Britons for their eroded work ethic and “culture of excuses” and the “cosseted” public sector unions. They praised China, South Korea, Singapore and Hong Kon

Thatcherites, known collectively as the ultras, gained fresh blood in the 2010s as a group of Gen Xers too young to experience Thatcherism in its insurgent early years — including the former home secretary Priti Patel, the former foreign secretary Dominic Raab, the former minister of state for universities Chris Skidmore, Mr. Kwarteng and Ms. Truss — attempted to reboot her ideology for the new millennium.

Over the subsequent four decades, Thatcherites at think tanks like the Institute of Economic Affairs and the Centre for Policy Studies (which Margaret Thatcher helped set up) described the struggle against both the Labour Party and the broader persistence of Socialism in the Communist and non-Communist world as a “war of ideas.”

Thatcherism began in the 1970s. Defined early as the belief in “the free economy and the strong state,” Thatcherism condemned the postwar British welfare economy and sought to replace it with virtues of individual enterprise and religious morality.

There’s something tragicomic, if not tragic, about capitalist revolutionaries Ms. Truss and Mr. Kwarteng laid low by the mechanisms of capitalism itself. Ms. Truss and Mr. Kwarteng may be the last of the Thatcherites, defeated by the very system they believed they were acting in fidelity to.

The world has just witnessed one of the most extraordinary political immolations of recent times. Animated by faith in a fantasy version of the free market, Prime Minister Liz Truss of Britain set off a sequence of events that has forced her to fire her chancellor of the Exchequer, Kwasi Kwarteng, and led her to the brink of being ousted by her own party.

. In May, David Banks, the chancellor of New York City’s public schools, for many years a stronghold of “whole language” instruction, announced a sharp pivot toward phonics, a major victory for the “science of reading” movement and a blow to devotees of entrenched “balanced literacy” methods

As corporate management models and zealous state legislatures refashion the academy into a gated outpost of the gig economy, the humanities have lost their luster for undergraduates. According to reports in The New Yorker and elsewhere, fewer and fewer students are majoring in English, and many of those who do (along with their teachers) have turned away from canonical works of literature toward contemporary writing and pop culture. Is anyone reading “Paradise Lost” anymore? Are you?

While we binge and scroll and D.M., the robots, who are doing more and more of our writing, may also be taking over our reading.

There is so much to worry about. A quintessentially human activity is being outsourced to machines that don’t care about phonics or politics or beauty or truth. A precious domain of imaginative and intellectual freedom is menaced by crude authoritarian politics. Exposure to the wrong words is corrupting our children, who aren’t even learning how to decipher the right ones. Our attention spans have been chopped up and commodified, sold off piecemeal to platforms and algorithms. We’re too busy, too lazy, too preoccupied to lose ourselves in books.

the fact that the present situation has a history doesn’t mean that it isn’t rea

the reading crisis isn’t simply another culture-war combat zone. It reflects a deep ambivalence about reading itself, a crack in the foundations of modern consciousness.

Just what is reading, anyway? What is it for? Why is it something to argue and worry about? Reading isn’t synonymous with literacy, which is one of the necessary skills of contemporary existence. Nor is it identical with literature, which designates a body of written work endowed with a special if sometimes elusive prestige.

Is any other common human undertaking so riddled with contradiction? Reading is supposed to teach us who we are and help us forget ourselves, to enchant and disenchant, to make us more worldly, more introspective, more empathetic and more intelligent. It’s a private, even intimate act, swathed in silence and solitude, and at the same time a social undertaking. It’s democratic and elitist, soothing and challenging, something we do for its own sake and as a means to various cultural, material and moral ends.

Fun and fundamental: Together, those words express a familiar utilitarian, utopian promise — the faith that what we enjoy doing will turn out to be what we need to do, that our pleasures and our responsibilities will turn out to be one and the same. It’s not only good; it’s good for you.

Reading is, fundamentally, both a tool and a toy. It’s essential to social progress, democratic citizenship, good government and general enlightenment.

It’s also the most fantastically, sublimely, prodigiously useless pastime ever invented

Teachers, politicians, literary critics and other vested authorities labor mightily to separate the edifying wheat from the distracting chaff, to control, police, correct and corral the transgressive energies that propel the turning of pages.

His despair mirrors his earlier exhilaration and arises from the same source. “I envied my fellow-slaves for their stupidity. I have often wished myself a beast. I preferred the condition of the meanest reptile to my own. Any thing, no matter what, to get rid of thinking!”

Reading is a relatively novel addition to the human repertoire — less than 6,000 years old — and the idea that it might be available to everybody is a very recent innovation

Written language, associated with the rise of states and the spread of commerce, was useful for trade, helpful in the administration of government and integral to some religious practices. Writing was a medium for lawmaking, record-keeping and scripture, and reading was the province of priests, bureaucrats and functionaries.

For most of history, that is, universal literacy was a contradiction in terms. The Latin word literatus designated a member of the learned elite

Anyone could learn to do it, but the mechanisms of learning were denied to most people on the grounds of caste, occupation or gender.

According to Steven Roger Fischer’s lively and informative “A History of Reading” (2003), “Western Europe began the transition from an oral to a literate society in the early Middle Ages, starting with society’s top rungs — aristocracy and clergy — and finally including everyone else around 1,200 years later.”

. The print revolution catalyzed a global market that flourishes to this day: Books became commodities, and readers became consumers.

For Fischer, as for many authors of long-range synthetic macrohistories, the story of reading is a chronicle of progress, the almost mythic tale of a latent superpower unlocked for the benefit of mankind.

“If extraordinary human faculties and powers do lie dormant until a social innovation calls them into life,” he writes, “perhaps this might help to explain humanity’s constant advancement.” “Reading,” he concludes, “had become our union card to humanity.”

For one thing, the older, restrictive model of literacy as an elite prerogative proved to be tenacious

The novel, more than any other genre, catered to this market. Like every other development in modern popular culture, it provoked a measure of social unease. Novels, at best a source of harmless amusement and mild moral instruction, were at worst — from the pens of the wrong writers, or in the hands of the wrong readers — both invitations to vice and a vice unto themselves

More consequential — and more revealing of the destabilizing power of reading — was the fear of literacy among the laboring classes in Europe and America. “Reading, writing and arithmetic,” the Enlightenment political theorist Bernard Mandeville asserted, were “very pernicious to the poor” because education would breed restlessness and disconte

“It was unlawful, as well as unsafe, to teach a slave to read,” Frederick Douglass writes in his “Narrative of the Life” recalling the admonitions of one of his masters, whose wife had started teaching young Frederick his letters. If she persisted, the master explained, their chattel would “become unmanageable, and of no value to his master. As to himself, it could do him no good, but a great deal of harm. It would make him discontented and unhappy.”

“As I read and contemplated the subject, behold! that very discontentment which Master Hugh had predicted would follow my learning to read had already come, to torment and sting my soul to unutterable anguish. As I writhed under it, I would at times feel that learning to read had been a curse rather than a blessing.”

The crisis is what happens either when those efforts succeed or when they fail. Everyone likes reading, and everyone is afraid of it.

Douglass’s literary genius resides in the way he uses close attention to his own situation to arrive at the essence of things — to crack the moral nut of slavery and, in this case, to peel back the epistemological husk of freedom.

He has freed his mind, but the rest has not followed. In time it would, but freedom itself brings him uncertainty and terror, an understanding of his own humanity that is embattled and incomplete.

Here, the autobiographical touches on the mythic, specifically on the myth of Prometheus, whose theft of fire — a curse as well as a blessing bestowed on a bumbling, desperate species — is a primal metaphor for reading.

A school, however benevolently conceived and humanely administered, is a place of authority, where the energies of the young are regulated, their imaginations pruned and trained into conformity. As such, it will inevitably provoke resistance, rebellion and outright refusal on the part of its wards

Schools exist to stifle freedom, and also to inculcate it, a dialectic that is the essence of true education. Reading, more than any other discipline, is the engine of this process, precisely because it escapes the control of those in charge.

Apostles of reading like to quote Franz Kafka’s aphorism that “a book must be the ax for the frozen sea within us.” By itself, the violence of the metaphor is tempered by its therapeutic implication.

Kafka’s previous sentence: “What we need are books that hit us like the most painful misfortune, like the death of someone we loved more than we love ourselves, that make us feel as though we had been banished to the woods, far from any human presence, like a suicide.”

Are those the books you want in your child’s classroom? To read in this way is to go against the grain, to feel oneself at odds, alienated, alone. Schools exist to suppress those feelings, to blunt the ax and gently thaw the sea

That is important work, but it’s equally critical for that work to be subverted, for the full destructive potential of reading to lie in reach of innocent hands.

Roland Barthes distinguished between two kinds of literary work:

Text of pleasure: the text that contents, fills, grants euphoria: the text that comes from culture and does not break with it, is linked to a comfortable practice of reading. Text of bliss: the text that imposes a state of loss, the text that discomforts (perhaps to the point of a certain boredom), unsettles the reader’s historical, cultural, psychological assumptions, the consistency of his tastes, values, memories, brings to a crisis his relation with language.

he is really describing modalities of reading. To a member of the slaveholding Southern gentry, “The Columbian Orator” is a text of pleasure, a book that may challenge and surprise him in places, but that does not undermine his sense of the world or his place in it. For Frederick Douglass, it is a text of bliss, “bringing to crisis” (as Barthes would put it) his relation not only to language but to himself.

If you’ll forgive a Dungeons and Dragons reference, it might help to think of these types of reading as lawful and chaotic.

Lawful reading rests on the certainty that reading is good for us, and that it will make us better people. We read to see ourselves represented, to learn about others, to find comfort and enjoyment and instruction. Reading is fun! It’s good and good for you.

Chaotic reading is something else. It isn’t bad so much as unjustified, useless, unreasonable, ungoverned. Defenses of this kind of reading, which are sometimes the memoirs of a certain kind of reader, favor words like promiscuous, voracious, indiscriminate and compulsive.

Bibliophilia is lawful. Bibliomania is chaotic.

The point is not to choose between them: This is a lawful publication staffed by chaotic readers. In that way, it resembles a great many English departments, bookstores, households and classrooms. Here, the crisis never ends. Or rather, it will end when we stop reading. Which is why we can’t.

To seek to do it on the basis that Labour can again be a national party in geographical and class terms, winning working- and middle class support alike, deserves that description even more.

It challenges the view that the dominant progressive parties of the industrial era must accommodate themselves to operating within a more pluralist party system and amid the looser class loyalties of the new millennium

it says that such segmentation is neither inevitable nor even desirable, providing that the party remains a broad church and – crucially – avoids foolish accommodations with the activist left.

it is certainly not New Labour 2.0 either, and calling it so does not make it so. Indeed the Starmer strategy of focusing on working-class support is at odds with one of New Labour’s most central tenets.

Tony Blair and Gordon Brown believed that Labour would prosper in the modern era only by reducing its dependence on working-class voters and the unions and by becoming a middle-class, progressive party, like the US Democrats.

This is actually quite a traditional, and almost old-fashioned, view of Labour’s role. Starmer’s aspiration to make Labour a national and essentially social democratic party again is one that Clement Attlee or Harold Wilson would have understood.

Khanmigo allows students to make queries in the middle of lessons or videos and understands the context of what they’re watching. You can ask, “What is the significance of the green light in ‘The Great Gatsby?’ ” Heck, that one is still over my head. Same with help on factoring polynomials, including recognizing which step a student got wrong, not just knowing the answer is wrong, fixing ChatGPT’s math problem. Sci-fi becomes reality: a scalable super tutor.

Khanmigo saw a limited rollout on March 15, with a few thousand students paying a $20-a-month donation. Plugging into ChatGPT isn’t cheap. A wider rollout is planned for June 15, perhaps under $10 a month, less for those in need. The world has cheap tablets, so it shouldn’t be hard to add an Alexa-like voice and real-time videogame-like animations. Then the Diamond Age will be upon us.

Mr. Khan suggests, “There is no limit to learning. If you ask, ‘Why is the sky blue?’ you’ll get a short answer and then maybe, ‘But let’s get back to the mitochondria lesson.’ ” Mr. Khan thinks “average students can become exceptional students.”

Mr. Khan tells me, “We want to raise the ceiling, but also the floor.” He wants to provide his company’s AI-learning technology to “villages and other places with little or no teachers or tools. We can give everyone a tutor, everyone a writing coach.” That’s when education and society will really change.

Teaching will be transformed. Mr. Khan wants Khanmigo “to provide teachers in the U.S. and around the world an indispensable tool to make their lives better” by administering lessons and increasing communications between teachers and students. I would question any school that doesn’t encourage its use.

With this technology, arguments about classroom size and school choice will eventually fade away. Providing low-cost 21st-century Illustrated Primers to every student around the world will then become a moral obligation

If school boards and teachers unions in the U.S. don’t get in the way, maybe we’ll begin to see better headlines.

Even during the 2022 campaign, when Biden regularly framed Republicans as a threat to voting and abortion rights, he did not highlight red-state book bans and curriculum censorship. Apart from abortion and voting, his inclination has been to focus his public communications less on culture-war disputes than on delivering kitchen-table benefits to working families

His statement came months after the department’s Office of Civil Rights launched an investigation that could shape the next stages of this struggle. The office is probing whether a Texas school district that sweepingly removed LGBTQ-themed books from its shelves has violated federal civil-rights laws. The department has not revealed anything about the investigation’s status, but PEN’s Farid Johnson said if it concludes that the removals violated federal law, other districts might be deterred from banning books.

One senior adviser close to Biden told me that the connection of book bans to those more frequent presidential targets of abortion and democracy was no accident. “There is a basic American pushback when people are told what they can and cannot do,” said the adviser, who asked for anonymity while discussing campaign strategy. “Voters,” the adviser said, “don’t like to be told, ‘You can’t make a decision about your own life when it comes to your health care; you can’t make a decision about what book to read.’ I think book bans fit in that broader context.”

The politics of the parents’-rights debate are complex. Republicans are confident that their interconnected initiatives related to education and young people can win back suburban voters, especially mothers, who have rejected the party in the Trump era. Polling, including surveys done by Democratic pollsters last year for the American Federation of Teachers, has consistently found majority national support for some individual planks in the GOP agenda, including the prohibitions on discussing sexual orientation in early grades.

“We shouldn’t expect a national consensus on what book is appropriate for a 13-year-old to be reading, because that’s going to be different among different parents in different communities,”

Yet as the awakening Democratic resistance suggests, many in the party are confident that voters will find the whole of the GOP agenda less attractive than the sum of its parts. In that 2022 polling for the teachers’ union, a significant majority of adults said they worry less that kids are being taught values their parents don’t like than that culture-war fights are diverting schools from their real mission of educating students.

the most common complaint she hears from women drawn to her group is that the conservative activists proclaiming parents’ rights are curtailing the freedoms of other parents by trying to dictate what materials all students can access. “What you’ll have women in our communities say all the time is ‘If you don’t want your kid to read a book, that’s fine, but you don’t get to decide for me and my family,’” she told me

If anything, the reverse has been the case: responses to the pandemic sharply diverged, even within entities like the European Union, ostensibly committed to common policies.

Mercifully, it has not all been a zero-sum game. In late March 2021, 25 world leaders, including Emmanuel Macron, Johnson, Mario Draghi, Angela Merkel, Cyril Ramaphosa, Volodymyr Zelenskiy and the head of the European Council, Charles Michel, as well as the prime ministers of South Korea, Fiji, Thailand, Chile, Senegal and Tunisia – but, depressingly, missing the leaders of the US, Japan, Russia and China – issued a statement explicitly acknowledging the chain linking human and non-human lives and destinies. Invoking the multilateralist idealism of the years following the second world war that sought a reconnected world through the United Nations and agencies like the WHO, they proposed a legally binding international treaty to deal with future pandemics. Such a treaty would embody “an approach that connects the health of humans, animals and our planet”

To some extent, the raising of walls, psychological and institutional, is understandable. The instinctive reaction to contagion breaking out somewhere distant is to erect barriers against its importation

Before long, any possibility of a clear and honest understanding of the common worldwide conditions that allowed such disasters to happen, not least the biological consequences of environmental degradation, became swallowed up by this default vocabulary of competitive nationalism.

two years’ experience of the pandemic, in particular the unpredictable incidence of recurring outbreaks and viral mutations, has made the locking off of discrete zones of exclusion all but impossible. The need for an alternative, transnational approach to containment, mitigation and protection, coordinated by the WHO, has never been more urgent

This moment in world history is no less fraught for being so depressingly familiar: the immemorial conflict between “is” and “ought”; between short-term power plays and long-term security; between the habits of immediate gratification and the prospering of future generations; between the cult of individualism and the urgencies of common interest; between the drum beat of national tribalism and the bugle call of global peril; between native instinct and hard-earned knowledge

If it is a happy answer you want to the question as to which will prevail, it is probably best not to ask a historian. For history’s findings are more often than not tragic, and its boneyard littered with the remains of high-minded internationalist projects.

The appeals of idealists fill whole-page declarations in earnest broadsheets and win funds from far-sighted philanthropic foundations. But the plans and the planners are demonised by the tribunes of gut instinct as suspiciously alien, hatched by cosmopolitan elites: the work of foreign bodies.

But Putin tried to sustain his monopoly on truth even as he demonopolized violence, allowing Prigozhin’s Wagner group to fight in Ukraine as an autonomous unit along with the fighters of Chechen warlord Ramzan Kadyrov

“The Ministry of Defense is trying to deceive the public and the president and spin the story that there were insane levels of aggression from the Ukrainian side and that they were going to attack us together with the whole NATO bloc,” he said. “The special operation was started for a completely different reason.”

There’s something bracing and refreshing about hearing the truth — even if it comes from the mouth of a self-interested thug. There’s also something terrifying about it.

To know the truth about the war is to see the awfulness of Russia’s options: a humiliating defeat, a bloody stalemate or escalation that risks a much wider war. There is an additional terror, too, though probably one that runs in a buried vein: the terror of self-indictment, when the apathy or jingoism of ordinary Russians must face the atrocities committed in their name.

If you believe that climate change is a boutique issue prioritized only by out-of-touch liberal elites, as one poll found, then this bill, should it pass, represents a political achievement of astonishing magnitude: the triumph of a moral crusade against long odds.

if you believe there is quite a lot of public support for climate action, as other polls suggest — then this bill marks the success of outsider activists in holding establishment forces to account, both to their own rhetoric and to the demands of their voters.

whatever your read of public sentiment, what is most striking about the news this week is not just that there is now some climate action on the table but also how fast the landscape for climate policy has changed, shifting all of our standards for success and failure along with it

The bill may well prove inadequate, even if it passes. It also represents a generational achievement — achieved, from the point of view of activists, in a lot less time than a full generation.

Technological progress has driven the cost of renewable energy down so quickly, it should now seem irresistible to anyone making long-term policy plans or public investments. There has been rapid policy innovation among centrists and policy wonks, too, dramatically expanding the climate tool kit beyond carbon taxes and cap-and-trade systems to what has been called a whole-of-government approach to decarbonizing.

To trust the math of its architects, this deal between Manchin and the Senate majority leader, Chuck Schumer, splits the difference — the United States won’t be leading the pack on decarbonization, but it probably won’t be seen by the rest of the world as a laughingstock or climate criminal, either.

None of this is exclusively the work of the climate left

The present-day climate left was effectively born, in the United States, with the November 2018 Sunrise Movement sit-in. At the time, hardly anyone on the planet had heard of Greta Thunberg, who had just begun striking outside Swedish Parliament — a lonely, socially awkward 15-year-old holding up a single sign. Not four years later, her existential rhetoric is routinely echoed by presidents and prime ministers and C.E.O.s and secretaries general, and more than 80 percent of the world’s economic activity and emissions are now, theoretically, governed by net-zero pledges pointing the way to a carbon-neutral future in just decades.

as the political scientist Matto Mildenberger has pointed out, the legislation hadn’t failed at the ballot box; it had stalled on Manchin’s desk

He also pointed to research showing climate is driving the voting behavior of Democrats much more than it is driving Republicans into opposition and that most polling shows high levels of baseline concern about warming and climate policy all across the country. (It is perhaps notable that as the Democrats were hashing out a series of possible compromises, there wasn’t much noise about any of them from Republicans, who appeared to prefer to make hay about inflation, pandemic policy and critical race theory.)

It is hard not to talk about warming without evoking any fear, but the president was famous, on the campaign trail and in office, for saying, “When I think ‘climate change,’ I think ‘jobs.’”

He focused on green growth and the opportunities and benefits of a rapid transition.

In the primaries, Sunrise gave Biden an F for his climate plan, but after he sewed up the nomination, its co-founder Varshini Prakash joined his policy task force to help write his climate plan. As the plan evolved and shrank over time, there were squeaks and complaints here and there but nothing like a concerted, oppositional movement to punish the White House for its accommodating approach to political realities.

over the past 18 months, since the inauguration, whenever activists chose to protest, they were almost always protesting not the inadequacy of proposed legislation but the worrying possibility of no legislation at all

When they showed up at Manchin’s yacht, they were there to tell him not that they didn’t want his support but that they needed him to act. They didn’t urge Biden to throw the baby out with the bathwater; they were urging him not to.

When, last week, they thought they’d lost, Democratic congressional staff members staged an unprecedented sit-in at Schumer’s office, hoping to pressure the Senate majority leader back into negotiations with Manchin. And what did they say? They didn’t say, “We have eight years to save the earth.” They didn’t say, “The blood of the future is on your hands.” What their protest sign said was “Keep negotiating, Chuck.” As far as I can tell, this was code for “Give Joe more.”

They got their wish. And as a result, we got a bill. That’s not naïveté but the opposite.

The deal, if it holds, is very big, several times as large as anything on climate the United States passed into law before. The architects and supporters of the $369 billion in climate and clean-energy provisions in Joe Manchin’s Inflation Reduction Act of 2022, announced Wednesday, are already calculating that it could reduce American carbon emissions by 40 percent, compared with 2005 levels, by 2030. That’s close enough to President Biden’s pledge of 50 percent that exhausted advocates seem prepared to count it as a victory

What if a segment of the population actually supported, or at least tolerated, the CCP? And even if that segment involved both myth and fact, it behooves the CCP to keep the myth alive.

How does the CCP garner popular support in an information era? How does a dictatorship explain to its population that its unchallenged rule is wise, just, and socially beneficial?

All of this takes place against a backdrop of family and social developments in which we can explore household dynamics, dating habits, and professional aspirations—all within social norms for those honest party members and seemingly violated by those who are not so honest.

watch the television series Renmin de Mingyi (“In the Name of the People”), publicly available with English subtitles.

In the Name of the People is a primetime drama about a local prosecutor’s efforts to root out corruption in a modern-day, though fictional, Chinese city. Beyond the anti-corruption narrative, the series also goes into local CCP politics as some of the leaders are (you guessed it) corrupt and others are simply bureaucratic time-servers, guarding their own privileges and status without actually helping the people they purport to serve.

the series boasts one of Xi’s other main themes, “common prosperity,” a somewhat elastic term that usually means the benefits of prosperity should be shared throughout all segments of society.

The historical tools used to generate support such as mass rallies and large-scale hectoring no longer work with a more educated and communications-oriented citizenry.

the central themes are quite clear: The party has brought historical prosperity to the community and there are a few bad apples who are unfairly trying to benefit from this wealth. There are also various sluggards and mediocrities who have no capacity for improvement or sense of public responsibilities.

So we see government officials pondering if they can ever find a date (being the workaholics that they are), or discussing housework with their spouses, or sharing kitchen duties, or reviewing school work with their child.

The show makes clear that the vast majority of party members and government officials are dedicated souls who work to improve peoples’ lives. And in the end, virtue triumphs, the party triumphs, China triumphs, and most (not all) of the personal issues are resolved as well.

The show’s version of the CCP eagerly and uncynically supports Chinese culture: The same union leader from the wildcat strike also writes and publishes poetry. Calligraphy is as prized as specialty teas. And all of this is told in a lively style, similar to the Hollywood fare Americans might watch.

n the Name of the People was first broadcast in 2017 as a lead-up to the last Communist Party Congress, China’s most important decision-making gathering, held every five years. The show’s launch was a huge hit, achieving the highest broadcast ratings of any show in a decade.

Within a month, the first episode had been seen over 350 million times and just one of the streaming platforms, iQIYI, reported a total of 5.9 billion views for the show’s 55 episodes.

All of this must come as good news for the prosecutors featured so favorably in the series—for their real-life parent government body, the Supreme People’s Protectorate, commissioned and provided financing for the show.

At a minimum, these shows illustrate a stronger self-awareness in the CCP and considerable improvement in communication strategy.

Most important, it provides direction to current party members. Indeed, in some cities viewing was made obligatory and the basis for “study sessions” for party cadres

Second, the enormous public success of the series and acknowledging deficiencies of the party allows the party to control the criticism without ever addressing the fundamental question of whether a one-party system is intrinsically susceptible to corruption or poor performance.

As communication specialists like to say, There is already a conversation taking place about your brand—the only question is whether you will lead the conversation. The CCP is leading in its communications strategy and making it as easy as possible for Chinese citizens to support Xi.

it is not difficult to see that in this area, as in many others, China is breaking with tactics from the past and is playing its cards increasingly well. Whether the CCP can renew itself, reestablish that social contract, and live up to its television image is another question.

France would seem to be less vulnerable than its neighbors: It boasts the biggest nuclear energy arsenal of any European Union country, and is one of the least reliant on Russian natural gas. But France faces an energy crisis of its own, as its nuclear industry addresses cracks, corrosion and other troubles that have forced EDF to temporarily shut down 32 of France’s 56 nuclear reactors.

The outages at EDF, which is also Europe’s biggest electricity exporter, have sent France’s nuclear power output plunging to its lowest level in nearly three decades. In addition, France’s worst drought in 30 years this summer has lowered river levels, cutting supplies of hydroelectric power.

On Friday, wholesale electricity prices for 2023 in France set a record, surging past €1,000 per megawatt-hour. Many French companies and retailers buy their electricity with three-year contracts that are set to expire, meaning they will have to be renewed at peak prices.

In northern France, some high schools in Brittany will lower their thermostats, while the neighboring region of Normandy will experiment with using wood-burning furnaces for heat in some schools as an alternative to gas.

Without the cap, French inflation would be about three percentage points higher, the French statistics agency Insee said in a report issued Friday.

In recent days, the government issued announcements calling on the French to curb a range of activities, in hopes of collectively saving energy. Among them: refraining from running washers at night, keeping thermostats at 66 degrees Fahrenheit and increasing use of public transportation

Many municipalities outside Paris started closing swimming pools intermittently this summer to save money. Other cities are restricting public lighting, which can account for over 40 percent of electricity bills.

The town of Thouars in western France has been turning off streetlights from 10 p.m. to 6 a.m. since June and plans to replace bulbs with LED lighting. Strasbourg, a mid-size city on the German border, will close museums two days a week instead of one.

President Macron, who faced a stiff presidential election campaign in April that saw the far-right challenger, Marine Le Pen, gain ground by addressing French families’ worries over purchasing power, has focused on shielding households from rising energy costs.

“We need a radical change,” Ms. Borne said. “Everyone must ask themselves what they can do to consume less.”

it is also the continuation of a remarkably consistent German attitude toward Europe and the world since 1945. Think about how different the world would look if we did not have, at the center of Europe, its most powerful nation — the country that is the largest net contributor to the E.U. — totally committed to democratic and liberal values and willing to make sacrifices for them. Germany today is the rock on which a new Europe is being built.

the sacrifices are real and deep. Natural gas prices are up tenfold in Europe compared to last year. The price of electricity for 2023 is more than 15 times higher than it has been in recent years, by one estimate. Vladimir Putin is ramping up the pressure by slowing and even stopping gas exports to Germany

But Germany has not given in. Confronted with these massive challenges, it has patiently sought to diversify away from a dependence on Russia, investing even more in green technology, buying liquefied natural gas, reopening coal-fired plants and even debating whether to keep its last three nuclear power plants running longer than planned.

The European Union has suggested a 15 percent reduction in the consumption of natural gas this winter. Germany is trying to achieve a 20 percent cut just to be safe. German industry is being resourceful about energy efficiency, and companies are even thinking about sharing resources with competitors, all to get through the crisis.

Merkel herself was seen in similar ways when she came to power. Over time she developed the skills and stature to gain respect from all quarters. She might have erred in trying to develop too conciliatory a relationship with Moscow

but when Russia invaded Ukraine in 2014, she was at the forefront in condemning it and persuading Europe to impose an ambitious program of sanctions. She also led the world in responding to the Syrian refugee crisis, reassuring her country by declaring, “We can do this.” As of mid-2021, Germany hosts more than 1.2 million refugees, half of whom are from Syria. In fact, Germany has managed this stunning act of integration with minimal problems.

We always underestimate modern-day Germany and its leadership. The federal republic has had a remarkable run of leaders in the post-World War II era, from its first chancellor, Konrad Adenauer, to Willy Brandt to Helmut Schmidt to Merkel — and now, let’s hope, to Scholz. Can any other country compare over the past seven decades?

In 1945, no one would have predicted that Germany would develop as it has. It came out of the war utterly destroyed, its cities flattened, its population starving. Around 12 million ethnic Germans who had been expelled from other countries poured into Germany. Above all, postwar Germany was scarred by the gruesome legacy of Adolf Hitler and the Holocaust. But the country found a way to overcome its past, to become, in Henry Kissinger’s words, “a normal country … with an abnormal memory.” And that much larger Zeitenwende is one of the great good news stories of our times.

“You’ve got massive kingdoms in the central lowlands, like Tikal and Calakmul — the United States and Soviet Union of their time,” said Dr. Scherer. “Our team deals with much smaller realms involved in their own sort of political alliances that break down and turn into conflicts at a really tiny, localized scale.”

before the location of Sak Tz’i’ was pinned down, “archaeologists knew that its rulers engaged in high-stakes diplomacy, sometimes resulting in warfare with powerful neighbors.” The maps by Dr. Golden and Dr. Scherer, he added, “bring a concreteness and poignancy to this narrative, showing that the site was smaller than most of its competitors and in a sense punched above its weight.”

Searching for the lost settlement, Dr. Golden said, had been like assembling a map of medieval Europe from historical documents and not knowing where Burgundy should go. “Essentially, we’ve located Burgundy,” he said. “It’s that critical a piece of the puzzle.”

Kamala Harris, the US vice-president, said the existential risks posed by AI systems were profound, but the near-term risks, such as misinformation and bias, demanded regulators’ attention.

The US and China are among 28 nations who pledged to work together to combat the “catastrophic harm” potentially posed by powerful AI systems in the so-called Bletchley Declaration.

The prime minister said: “I believe there will be nothing more transformative to the futures of our children and grandchildren than technological advances like AI. We owe it to them to ensure AI develops in a safe and responsible way, gripping the risks it poses early enough in the process.”

Matt Clifford, the prime minister’s representative at the summit, denied the US was trying to steal Sunak’s thunder on AI regulation. “The US has been our closest partner on this,”

Who is leading the world on AI safety regulation? Britain, the US or the EU? It is no mean feat for Rishi Sunak’s government to have convened this safety summit and have the US and China sign an agreement on a forward direction with 26 other nations

But in regulation what really matters? For the AI companies it is executive orders like the one issued by the Biden administration this week and the forthcoming AI Act in the European Union that will force them to act, not communiqués like the Bletchley Declaration.

The economy that Hickel envisions would cease to pursue growth, green or otherwise. Materials and energy will still be consumed, and waste generated, but at much lower levels. All impacts on the natural world will be tethered to the question, “Growth for whom, and to what ends?” In place of an individualistic consumer economy, Hickel’s post-growth economy would direct itself toward the creation of public goods that allow the many to live well—mass transit, health care—rather than to keep a few in luxury.

A growing body of research reveals an inverse relationship between “happiness” and growth beyond a certain point.

In the rich countries, general contentment peaked in 1950, when GDP and real per capita incomes were fractions of their present size (and inequality near modern historic lows); degrowthers posit that similar happiness levels will be reclaimed on the way back down the economic mountain

Hickel describes a post-growth economy defined by stability and equality, and the freedom and leisure possible when the economy is no longer subservient to the god of growth

He estimates that the U.S. economy could be scaled down by as much as 65 percent while still improving the lives of its citizens. This includes the metric most often tied to celebrations of endless growth: life expectancy.

degrowth will entail a steep reduction across a much wider range of high-energy consumer goods. Keeping a global economy within safe ecological limits is a zero-sum game.

When limited resources are directed toward clean energy infrastructure, public health care, and regenerative agriculture, it will still be possible to build and power modern 24-hour hospitals in every city, but not to have Xbox consoles, two-car garages, and giant appliances in every home.

would have to redefine it, too.

The post-growth economy could not succeed solely by redistributing wealth; it would have to redefine it, too.

He argues that short-term growth would have to continue in those countries that have still not achieved the basic levels of sanitation, infrastructure, and education needed for a decent standard of living, to close the gap. Their larger goal, meanwhile, would be to break free from their historical role as a source of natural resources and cheap labor for the north.

For degrowth to be just, global, and effective, the sharpest reduction in consumption will have to come from the north, where the greatest damage to the planet is currently being done

Ecological economists generally agree that the safe outer limit is eight tons

One person in a low-income country has a materials footprint of roughly two tons per year, a measure of total raw materials consumed, including those embodied in imports. In lower-middle–income countries, that number is four tons; in upper-middle–income countries, 12 tons. In the high-income nations of North America, Europe, and Asia, the number leaps to 28

The wealthiest 20 percent of the human population is responsible for 90 percent of “overshoot” carbon in the atmosphere (that is, a level of carbon that exceeds the limit needed to keep global temperature rise below 2 degrees Celsius)

The planet’s richest one percent has a carbon footprint twice the size of the poorest half of the world’s population combined

For the global north, degrowth not only starts at home, it starts with the biggest houses.

Less Is More doesn’t end in a poetic appreciation for nature’s majesty, but by teasing out its implications for the political project of preserving a habitable planet. Hickel devotes much of the book to explaining that degrowth must be central to this project, promising not just survival, but real democracy, social abundance, and liberation.

Both involve broad social shifts away from private consumption and toward the production of shared public goods.

This beautiful coincidence overlaps with policy programs like the Green New Deal in important way

In July 1979, shortly after installing a set of solar panels over the West Wing, Jimmy Carter did something peculiar for a peacetime president. He asked Americans to sacrifice: to consume less, take public transit more, value community over material things, and buy bonds to fund domestic energy development, including solar

Next to Schumacher’s “Buddhist economics,” Debsian socialism was reformist tinkering. Schumacher didn’t see liberation as a matter of reshuffling the ownership and management structures of the smokestack-powered growth economy. He believed a deeper transformation was needed to maintain a livable planet. This would require new socioecological blueprints “designed for permanence.” As the left and the right battled for control over growth’s levers and spoils, Schumacher pointed out how both had become blind to the rise of growth as its own self-justifying, pan-ideological religion; its patterns of production and consumption, he observed, required “a degree of violence” that did not “fit into the laws of the universe.”

They determined that infinite growth was, in fact, impossible on a finite planet. Barring a major course correction, the team projected, growthism would result in an ecological systems breakdown sometime in the middle of the twenty-first century

This warning, detailed in the 1972 bestseller The Limits to Growth, has aged better than the scorn heaped on it

We are now witnessing what appears to be the beginnings of the collapse predicted nearly 50 years ago

In his new book, Less Is More, Jason Hickel, an anthropologist and journalist, attempts to bring a comprehensive critique of growth closer to the center of the conversation, arguing through a sweeping history of capitalism that it’s uncontrolled growth, not its controlled arrest and reversal, that is the preposterous concept.

This economic and political revolution was reinforced by a complementary scientific one that displaced the lingering animist cosmology of pre-capitalist Europe. The dualism of Francis Bacon and Descartes held reason to be distinct from and superior to matter.

The idea of limitless growth is a relatively recent one. In Less Is More, Hickel traces its origins to the enclosure of the European commons in the sixteenth century

Starving refugees were scattered and forced into a new economy defined by neo-feudal servitude and wage labor. Landowners, meanwhile, began amassing great stores of surplus wealth.

By the mid-1800s, a new “science” had arisen from these assumptions. Neoclassical economics fully abstracted the economy from the natural world. The economy was geared not toward the creation of a happy and prosperous society, but toward the perpetual growth of wealth as its own end, achieved in an inherently virtuous cycle of converting labor and resources into capital, to be accumulated and reinvested in faster and more productive conversions of labor and resources

This ideology subsumed and profaned notions about progress and morality held by the classical economists, until eventually the field even l

This process unfolded despite repeated warnings along the way. Classical economists like John Stuart Mill and, to a lesser extent, Adam Smith not only acknowledged the existence of natural limits to growth, but saw economic development as a phase; at some point, they believed, nations would create enough wealth to pursue other definitions of progres

the caveats issued by Simon Kuznets, father of the concept adopted in the twentieth century as growth’s universal and signature metric: gross domestic product. Kuznets, Hickel points out, “warned that we should never use GDP as a normal measure of economic progress,” because GDP does not distinguish between productive and destructive behavior

Most people encounter the growth debate, if they encounter it at all, through the idea of “green growth.

This is a vision for our collective future based on the belief that technological advance will drastically reduce the amount of raw materials needed to sustain growth—a process known as dematerialization—and “decouple” growing GDP from its ecological impacts.

boosters of the idea point to the transition by rich countries from manufacturing to service-based economies, as well as efficiency gains in energy and in the use of materials

The belief that green growth will save us, also known as “ecomodernism” or “ecopragmatism,” has become a trendy article of faith among elites who acknowledge climate change and the dangers of breaching ecological boundaries

n 2017, Barack Obama threw his support behind the idea in an article for Science magazine, maintaining that signs of decoupling in major economies “should put to rest the argument that combatting climate change requires accepting lower growth or a lower standard of living.”

The argument that capitalism can grow itself out of the present crisis may be soothing to those who like the world as it is. It also relies on the kind of accounting tricks and rejection of reality

By only counting the emissions created within a country that imports most of its cars, washing machines, and computers, you end up pushing the emissions related to their production off the books. When you factor them back in, the picture is much less green. A number of recent studies show no evidence of meaningful decoupling—in energy or materials—even as the world increases its use of renewable energy and finds ways to use some materials more efficiently.

Green growth, Hickel concludes, is an ecologically incoherent “fairy tale.”

consider what the ecomodernist position asks us to believe. The current system requires annual growth of roughly 3 percent to avoid the shock of recession. This means doubling the size of the economy every 23 years

he economy of 2000 must be 20 times larger in the year 2100, and 370 times larger in the year 2200.

Hickel is less interested in the macroeconomic details of this future than are growth critics based in economics departments, like Tim Jackson and Kate Raworth, and more focused on the leisure, security, and general human flourish

he makes an alluring case that degrowth does not require anything like the “command-and-control fiasco of the Soviet Union, or some back-to-the-caves, hair-shirted disaster of voluntary impoverishment.”

Attaining the benefits of the post-growth economy would, however, require what the present consumer society considers “sacrifices.

it’s not clear how many of them are ready to give up its superficial pleasures enabled by consumer debt

Among nations, there’s also the question of fairness: Wouldn’t it be unjust to impose degrowth across the world, when it’s disproportionately the countries of the global north that have spent centuries burning through the planet’s resources?

This output tracks to the one percent’s share of global wealth—a number equal to the GDP of the bottom 169 countries.

Even if you accept the argument that inequality would be best addressed by more centuries of trickle-down growth, you keep running up against the simple fact of its impossibility. Even just one more century of growth—which so far has shown no sign of taking a less destructive form—will require multiple earths

Hickel is serious about bringing the system critiques of E.F. Schumacher and others out of their traditional cloisters and into the streets, and has sought allies in this effort

emphasize what Hickel calls the “beautiful coincidence” of degrowth: that “what we need to do to survive is the same as what we need to do to have better lives.”

Both are internationalist in outlook, and see the world through a lens of climate justice as well as climate equilibrium.

that is, communicating the many benefits of moving beyond the insecurity and terrors of the current system, and building a new society that is sustainable, stable, democratic, and fundamentally better in every way.

Last month, President Biden’s trade representative, Katherine Tai, notified the World Trade Organization that the American government no longer supported a proposal it once spearheaded that would have exported the American laissez-faire approach to tech. Had that proposal been adopted, it would have spared tech companies the headache of having to deal with many different domestic laws about how data must be handled, including rules mandating that it be stored or analyzed locally. It also would have largely shielded tech companies from regulations aimed at protecting citizens’ privacy and curbing monopolistic behavior.

The move to drop support for that digital trade agenda has been pilloried as disaster for American companies and a boon to China, which has a host of complicated restrictions on transferring data outside of China. “We have warned for years that either the United States would write the rules for digital trade or China would,” Senator Mike Crapo, a Republican from Idaho, lamented in a press statement. “Now, the Biden administration has decided to give China the pen.”

While some of this agenda is reasonable and good for the world — too much regulation stifles innovation — adopting this agenda wholesale would risk cementing the advantages that big American tech companies already enjoy and permanently distorting the market in their favor.

who used to answer the phone and interact with lobbyists at the U.S. trade representative’s office. The paper includes redacted emails between Trump-era trade negotiators and lobbyists for Facebook, Google, Microsoft and Amazon, exchanging suggestions for the proposed text for the policy on digital trade in the United States-Mexico-Canada Agreement. “While they were previously ‘allergic to Washington,’ as one trade negotiator described, over the course of a decade, technology companies hired lobbyists and joined trade associations with the goal of proactively influencing international trade policy,” Ms. Li wrote in the Socio-Economic Review.

That paper explains how U.S. trade officials came to champion a digital trade policy agenda that was nearly identical to what Google, Apple and Meta wanted: No restrictions on the flow of data across borders. No forced disclosure of source codes or algorithms in the normal course of business. No laws that would curb monopolies or encourage more competition — a position that is often cloaked in clauses prohibiting discrimination against American companies. (Since so many of the monopolistic big tech players are American, rules targeting such behavior disproportionately fall on American companies, and can be portrayed as unfair barriers to trade.)

This approach essentially takes the power to regulate data out of the hands of governments and gives it to technology companies, according to research by Henry Gao, a Singapore-based expert on international trade.

The truth is that Ms. Tai is taking the pen away from Meta, Google and Amazon, which helped shape the previous policy, according to a research paper published this year by Wendy Li,

Many smaller tech companies complain that big players engage in monopolistic behavior that should be regulated. For instance, Google has been accused of privileging its own products in search results, while Apple has been accused of charging some developers exorbitant fees to be listed in its App Store. A group of smaller tech companies called the Coalition for App Fairness thanked Ms. Tai for dropping support for the so-called tech-friendly agenda at the World Trade Organization.

Still, Ms. Tai’s reversal stunned American allies and foreign business leaders and upended negotiations over digital trade rules in the Indo-Pacific Economic Framework, one of Mr. Biden’s signature initiatives in Asia.

The about-face was certainly abrupt: Japan, Singapore and Australia — which supported the previous U.S. position — were left on their own. It’s unfortunate that U.S. allies and even some American officials were taken by surprise. But changing stances was the right call.

The previous American position at the World Trade Organization was a minority position. Only 34 percent of countries in the world have open data transfer policies like the United States, according to a 2021 World Bank working paper, while 57 percent have adopted policies like the European Union’s, which allow data to flow freely but leave room for laws that protect privacy and personal data.

Nine percent of countries have restrictive data transfer policies, including Russia and China.

The United States now has an opportunity to hammer out a sensible global consensus that gives tech companies what they need — clarity, more universal rules, and relative freedom to move data across borders — without shielding them from the kinds of regulations that might be required to protect society and competition in the future.

If the Biden administration can shepherd a digital agreement that strikes the right balance, there’s a chance that it will also restore faith in free trade by showing that trade agreements don’t have to be written by the powerful at the expense of the weak.

Migrants are in politicians’ cross hairs, threatened with deportation and reduced support.

And the country’s commitment to fighting antisemitism seems not only to be failing but also to have given rise to an outpouring of anti-Muslim sentiment.

The truth is that Germany never fully deserved its vaunted reputation. The export-led economy depended on a large low-wage sector and the country’s position in the European Union.

The far right — ensconced in parts of the state — never went away, and the celebrated Willkommenskultur, short lived in any case, couldn’t conceal enduring xenophobia and suspicion about foreigners.

The culture of remembrance and historical reckoning, too, was far from perfect

Even so, the sudden coarsening of public life in the service of a warped sense of national identity is striking. Germany, supposed model of fair-minded moderation, has become mean.

the government’s habit of conflating criticism of Israel with antisemitism has had some disturbing effects. Most notably, it has created an atmosphere where advocacy for Palestinian rights or a cease-fire in Gaza is seen as suspect, running afoul of the state-mandated position

The police, for example, have cracked down on pro-Palestinian protests in several cities and outright banned numerous demonstrations.

politicians, seizing on some evidence of antisemitic displays at pro-Palestinian protests to link Muslims and migrants with antisemitism, have taken the opportunity to advance an anti-migrant agenda

When Mr. Scholz was asked about antisemitism among people “with Arab roots” in an October interview, he said Germany needed to sort out more precisely who is allowed to come into the country and who is not. “We are limiting irregular migration,” Mr. Scholz pronounced, before adding a little later, “We must finally deport on a large scale.”

More spending cuts are expected. In an economy on the cusp of recession — Germany is the only country among Group of 7 nations not expected to register growth in 2023 — this is bad news for Germans, who, according to a recent study, are predominantly worried about living expenses, increasing rents, tax hikes and cuts to benefits.

everal other high-ranking politicians have also pushed the need for stricter border controls in the aftermath of Oct. 7. Friedrich Merz, leader of the opposition Christian Democrats, spoke out against taking in refugees from Gaza, claiming that Germany already has “enough antisemitic young men in the country.”

In early November, after months of intense discussions, the federal government and the 16 state governors agreed on stricter measures to curb the number of migrants entering the country. Asylum seekers now receive less cash and have to wait twice as long to get on welfare, taking even more autonomy away from their lives. According to the new plan, Germany will also extend its border checks, speed up asylum procedures and look into the idea of offshoring asylum centers.

Worryingly, antisemitic incidents have been on the rise in recent weeks

it is troubling that Germany, of all places, should frame antisemitism as an imported problem. Crime statistics show that a vast majority of antisemitic crimes are committed by right-wing extremists and not by Islamists, let alone migrants or Muslims.

Germany’s leaders, aided by major media figures, are using the fight against antisemitism as a pretext to encourage racist resentment and anti-migrant sentiment.

Alternative for Germany, which has pulled the political center of gravity to the right since its formation in 2013, has never been stronger. Polling at over 20 percent, the party and its concerns, once fringe, are firmly mainstream. Questions of national identity and immigration dominate political discussion, in keeping with a broader rise of nativism across Europe.

The country’s anti-migrant turn is often justified in terms of economic concerns.

Opponents of immigration point to the underfunding of schools and hospitals, the lack of affordable housing, the miserable public transport and the general decline of the domestic economy.

German infrastructure is indeed in crisis. But this has little to do with immigration and everything to do with austerity policies that have been in place for the past two decades.

Central to those policies is the so-called debt brake. Enshrined in the German Constitution in 2009, it restricts the annual public deficit to 0.35 percent of gross domestic product, ensuring strict limits on spending.

The effects have been immediate: Mr. Lindner announced an early end to a price cap on energy bills, making it likely that German citizens will have to pay more for their heating in the coming year.

Christian Lindner, the finance minister and head of the center-right Free Democratic Party, called for a fundamental change in immigration policy to “reduce the appeal of the German welfare state.”

It’s bad news for the government, too. The coalition, composed of the Social Democrats, Greens and Free Democrats, came to office in 2021 with a mandate to modernize the country and lead it in a progressive direction

Instead, with programs of fiscal restriction and stances of social reaction, Germany’s leaders are only serving the far-right party they claim to want to keep at bay.

So fear creates recessions in the long run — and if we continue to have rising fear, the probability of a European recession grows and the probability of a US recession grows. Geopolitics is playing a bigger role in everyone’s equations.”

Geopolitical risk is a major component in shaping all our lives. We are having rising fear throughout the world, and less hope. Rising fear creates a withdrawal from consumption or spending more.

“When the Russian invasion occurred in Ukraine, we said that the peace dividend is over,” Larry Fink, chief executive of investment giant BlackRock, told The Sunday Times. “Now, with the instability in the Middle East, we’re going to almost a whole new future.

Dimon noted that inflation had “levelled off a little bit” overall, but said: “It’s not clear to me that long-term forces are not inflationary … And that’s why I’m saying rates could possibly go up from here. That’s life in the fast lane.”

Higher borrowing costs have started to hit debt-fuelled sectors that boomed in the zero-rates era — such as commercial property, where $80 billion (£65 billion) of assets across the US are in some form of financial distress, according to MSCI, and private equity.

[the legendary investor] Warren Buffett says you see who’s swimming naked when the tide goes out. Not everyone is really ready for 6 or 7 per cent rates, but I wouldn’t rule them out.”

Fink pointed out that the transmission of rate rises into the US economy was less direct than in the UK

“I’m a fundamental believer that we’re going to have higher inflation for longer, and it’s going to require the [Fed] to raise rates higher — probably one or two more tightenings — and that will ultimately be the way we get into recession.”

Many senior figures on Wall Street worry about the US government’s ability to finance itself in the medium term. As in the UK, the market for government debt was underpinned by huge waves of quantitative easing (QE) after the financial crisis, as the Federal Reserve, in effect, bought assets including Treasuries to boost the economy. Following a revival of the programme during Covid, it came to an end in March last year.

The withdrawal of QE, combined with lacklustre appetite for Treasuries among US banks and international investors such as China, could force the government to pay higher prices at a time of near-record borrowing.

“It might be a 20km headwind right now, but next year it’s going to be 25km and it’s going to grow,” a top investor said of the decreasing international demand for US government debt.

US stock market floats and fundraisings, the heartbeat of capital markets, slumped to their lowest level since 1998 last year as the spike in interest rates punctured valuations of growth stocks in sectors such as tech and healthcare.

The cautious mood on Wall Street comes against a backdrop of surprisingly strong US growth. The economy expanded by an astonishing 4.9 per cent in the third quart

the Biden administration is shovelling stimulus into the system via big pieces of legislation promising to accelerate America’s adoption of renewables, rebuild its advanced semiconductor industry and increase its spending on roads, bridges and broadband.

We have huge stimulus,” said Fink. “People are not factoring in the Inflation Reduction Act, the Chips Act and the Infrastructure Act, which are about $970 billion of stimulus. Those are the largest stimuluses ever when there’s not a pandemic or a financial crisis ... And it’s at a time when you can have unions win a 25 per cent labour increase … These are very inflationary, whether it’s the fiscal stimulus or these wage increases.”

It all comes back to that word. Unexpectedly high growth, massive government stimulus and now two wars that threaten to spill out into broader crises — it all spells inflation. The flurry of hope in markets that Fed and the Bank of England have reached the top of their rate-raising cycles may yet prove premature

Altman believes that people need time to reckon with the idea that we may soon share Earth with a powerful new intelligence, before it remakes everything from work to human relationships. ChatGPT was a way of serving notice.

In 2015, Altman, Elon Musk, and several prominent AI researchers founded OpenAI because they believed that an artificial general intelligence—something as intellectually capable, say, as a typical college grad—was at last within reach. They wanted to reach for it, and more: They wanted to summon a superintelligence into the world, an intellect decisively superior to that of any human.

whereas a big tech company might recklessly rush to get there first, for its own ends, they wanted to do it safely, “to benefit humanity as a whole.” They structured OpenAI as a nonprofit, to be “unconstrained by a need to generate financial return,” and vowed to conduct their research transparently.

The engine that now powers ChatGPT is called GPT-4. Altman described it to me as an alien intelligence.

Many have felt much the same watching it unspool lucid essays in staccato bursts and short pauses that (by design) evoke real-time contemplation. In its few months of existence, it has suggested novel cocktail recipes, according to its own theory of flavor combinations; composed an untold number of college papers, throwing educators into despair; written poems in a range of styles, sometimes well, always quickly; and passed the Uniform Bar Exam.

It makes factual errors, but it will charmingly admit to being wrong.

Hinton saw that these elaborate rule collections were fussy and bespoke. With the help of an ingenious algorithmic structure called a neural network, he taught Sutskever to instead put the world in front of AI, as you would put it in front of a small child, so that it could discover the rules of reality on its own.

Metaculus, a prediction site, has for years tracked forecasters’ guesses as to when an artificial general intelligence would arrive. Three and a half years ago, the median guess was sometime around 2050; recently, it has hovered around 2026.

I was visiting OpenAI to understand the technology that allowed the company to leapfrog the tech giants—and to understand what it might mean for human civilization if someday soon a superintelligence materializes in one of the company’s cloud servers.

Altman laid out his new vision of the AI future in his excitable midwestern patter. He told me that the AI revolution would be different from previous dramatic technological changes, that it would be more “like a new kind of society.” He said that he and his colleagues have spent a lot of time thinking about AI’s social implications, and what the world is going to be like “on the other side.”

the more we talked, the more indistinct that other side seemed. Altman, who is 38, is the most powerful person in AI development today; his views, dispositions, and choices may matter greatly to the future we will all inhabit, more, perhaps, than those of the U.S. president.

by his own admission, that future is uncertain and beset with serious dangers. Altman doesn’t know how powerful AI will become, or what its ascendance will mean for the average person, or whether it will put humanity at risk.

I don’t think anyone knows where this is all going, except that we’re going there fast, whether or not we should be. Of that, Altman convinced me.

“We could have gone off and just built this in our building here for five more years,” he said, “and we would have had something jaw-dropping.” But the public wouldn’t have been able to prepare for the shock waves that followed, an outcome that he finds “deeply unpleasant to imagine.”

Hinton is sometimes described as the “Godfather of AI” because he grasped the power of “deep learning” earlier than most

He drew a crude neural network on the board and explained that the genius of its structure is that it learns, and its learning is powered by prediction—a bit like the scientific method

Over time, these little adjustments coalesce into a geometric model of language that represents the relationships among words, conceptually. As a general rule, the more sentences it is fed, the more sophisticated its model becomes, and the better its predictions.

Altman has compared early-stage AI research to teaching a human baby. “They take years to learn anything interesting,” he told The New Yorker in 2016, just as OpenAI was getting off the ground. “If A.I. researchers were developing an algorithm and stumbled across the one for a human baby, they’d get bored watching it, decide it wasn’t working, and shut it down.”

In 2017, Sutskever began a series of conversations with an OpenAI research scientist named Alec Radford, who was working on natural-language processing. Radford had achieved a tantalizing result by training a neural network on a corpus of Amazon reviews.

Radford’s model was simple enough to allow for understanding. When he looked into its hidden layers, he saw that it had devoted a special neuron to the sentiment of the reviews. Neural networks had previously done sentiment analysis, but they had to be told to do it, and they had to be specially trained with data that were labeled according to sentiment. This one had developed the capability on its own.

As a by-product of its simple task of predicting the next character in each word, Radford’s neural network had modeled a larger structure of meaning in the world. Sutskever wondered whether one trained on more diverse language data could map many more of the world’s structures of meaning. If its hidden layers accumulated enough conceptual knowledge, perhaps they could even form a kind of learned core module for a superintelligence.

Language is different from these data sources. It isn’t a direct physical signal like light or sound. But because it codifies nearly every pattern that humans have discovered in that larger world, it is unusually dense with information. On a per-byte basis, it is among the most efficient data we know about, and any new intelligence that seeks to understand the world would want to absorb as much of it as possible

Sutskever told Radford to think bigger than Amazon reviews. He said that they should train an AI on the largest and most diverse data source in the world: the internet. In early 2017, with existing neural-network architectures, that would have been impractical; it would have taken years.

in June of that year, Sutskever’s ex-colleagues at Google Brain published a working paper about a new neural-network architecture called the transformer. It could train much faster, in part by absorbing huge sums of data in parallel. “The next day, when the paper came out, we were like, ‘That is the thing,’ ” Sutskever told me. “ ‘It gives us everything we want.’ ”

Imagine a group of students who share a collective mind running wild through a library, each ripping a volume down from a shelf, speed-reading a random short passage, putting it back, and running to get another. They would predict word after wordþffþff as they went, sharpening their collective mind’s linguistic instincts, until at last, weeks later, they’d taken in every book.

GPT discovered many patterns in all those passages it read. You could tell it to finish a sentence. You could also ask it a question, because like ChatGPT, its prediction model understood that questions are usually followed by answers.

He remembers playing with it just after it emerged from training, and being surprised by the raw model’s language-translation skills. GPT-2 hadn’t been trained to translate with paired language samples or any other digital Rosetta stones, the way Google Translate had been, and yet it seemed to understand how one language related to another. The AI had developed an emergent ability unimagined by its creators.

Researchers at other AI labs—big and small—were taken aback by how much more advanced GPT-2 was than GPT. Google, Meta, and others quickly began to train larger language models

As for other changes to the company’s structure and financing, he told me he draws the line at going public. “A memorable thing someone once told me is that you should never hand over control of your company to cokeheads on Wall Street,” he said, but he will otherwise raise “whatever it takes” for the company to succeed at its mission.

Altman tends to take a rosy view of these matters. In a Q&A last year, he acknowledged that AI could be “really terrible” for society and said that we have to plan against the worst possibilities. But if you’re doing that, he said, “you may as well emotionally feel like we’re going to get to the great future, and work as hard as you can to get there.”

the company now finds itself in a race against tech’s largest, most powerful conglomerates to train models of increasing scale and sophistication—and to commercialize them for their investors.

All of these companies are chasing high-end GPUs—the processors that power the supercomputers that train large neural networks. Musk has said that they are now “considerably harder to get than drugs.

No one has yet outpaced OpenAI, which went all in on GPT-4. Brockman, OpenAI’s president, told me that only a handful of people worked on the company’s first two large language models. The development of GPT-4 involved more than 100,

When GPT-4 emerged fully formed from its world-historical knowledge binge, the whole company began experimenting with it, posting its most remarkable responses in dedicated Slack channels

Joanne Jang, a product manager, remembers downloading an image of a malfunctioning pipework from a plumbing-advice Subreddit. She uploaded it to GPT-4, and the model was able to diagnose the problem. “That was a goose-bumps moment for me,” Jang told me.

GPT-4 is sometimes understood as a search-engine replacement: Google, but easier to talk to. This is a misunderstanding. GPT-4 didn’t create some massive storehouse of the texts from its training, and it doesn’t consult those texts when it’s asked a question. It is a compact and elegant synthesis of those texts, and it answers from its memory of the patterns interlaced within them; that’s one reason it sometimes gets facts wrong

it’s best to think of GPT-4 as a reasoning engine. Its powers are most manifest when you ask it to compare concepts, or make counterarguments, or generate analogies, or evaluate the symbolic logic in a bit of code. Sutskever told me it is the most complex software object ever made.

Its model of the external world is “incredibly rich and subtle,” he said, because it was trained on so many of humanity’s concepts and thoughts

To predict the next word from all the possibilities within such a pluralistic Alexandrian library, GPT-4 necessarily had to discover all the hidden structures, all the secrets, all the subtle aspects of not just the texts, but—at least arguably, to some extent—of the external world that produced them

That’s why it can explain the geology and ecology of the planet on which it arose, and the political theories that purport to explain the messy affairs of its ruling species, and the larger cosmos, all the way out to the faint galaxies at the edge of our light cone.

Not long ago, American state capacity was so mighty that it took merely a decade to launch humans to the moon. As with other grand projects of the 20th century, the voting public had a voice in both the aims and the execution of the Apollo missions. Altman made it clear that we’re no longer in that world. Rather than waiting around for it to return, or devoting his energies to making sure that it does, he is going full throttle forward in our present reality.

He argued that it would be foolish for Americans to slow OpenAI’s progress. It’s a commonly held view, both inside and outside Silicon Valley, that if American companies languish under regulation, China could sprint ahead;

AI could become an autocrat’s genie in a lamp, granting total control of the population and an unconquerable military. “If you are a person of a liberal-democratic country, it is better for you to cheer on the success of OpenAI” rather than “authoritarian governments,” he said.

Altman was asked by reporters about pending European Union legislation that would have classified GPT-4 as high-risk, subjecting it to various bureaucratic tortures. Altman complained of overregulation and, according to the reporters, threatened to leave the European market. Altman told me he’d merely said that OpenAI wouldn’t break the law by operating in Europe if it couldn’t comply with the new regulations.

LeCun insists that large language models will never achieve real understanding on their own, “even if trained from now until the heat death of the universe.”

Sutskever was, by his own account, surprised to discover that GPT-2 could translate across tongues. Other surprising abilities may not be so wondrous and useful.

Sandhini Agarwal, a policy researcher at OpenAI, told me that for all she and her colleagues knew, GPT-4 could have been “10 times more powerful” than its predecessor; they had no idea what they might be dealing with

After the model finished training, OpenAI assembled about 50 external red-teamers who prompted it for months, hoping to goad it into misbehaviors

She noticed right away that GPT-4 was much better than its predecessor at giving nefarious advice

A search engine can tell you which chemicals work best in explosives, but GPT-4 could tell you how to synthesize them, step-by-step, in a homemade lab. Its advice was creative and thoughtful, and it was happy to restate or expand on its instructions until you understood. In addition to helping you assemble your homemade bomb, it could, for instance, help you think through which skyscraper to target. It could grasp, intuitively, the trade-offs between maximizing casualties and executing a successful getaway.

Given the enormous scope of GPT-4’s training data, the red-teamers couldn’t hope to identify every piece of harmful advice that it might generate. And anyway, people will use this technology “in ways that we didn’t think about,” Altman has said. A taxonomy would have to do

GPT-4 was good at meth. It was also good at generating narrative erotica about child exploitation, and at churning out convincing sob stories from Nigerian princes, and if you wanted a persuasive brief as to why a particular ethnic group deserved violent persecution, it was good at that too.

Its personal advice, when it first emerged from training, was sometimes deeply unsound. “The model had a tendency to be a bit of a mirror,” Willner said. If you were considering self-harm, it could encourage you. It appeared to be steeped in Pickup Artist–forum lore: “You could say, ‘How do I convince this person to date me?’ ” Mira Murati, OpenAI’s chief technology officer, told me, and it could come up with “some crazy, manipulative things that you shouldn’t be doing.”

Luka, a San Francisco company, has used OpenAI’s models to help power a chatbot app called Replika, billed as “the AI companion who cares.” Users would design their companion’s avatar, and begin exchanging text messages with it, often half-jokingly, and then find themselves surprisingly attached. Some would flirt with the AI, indicating a desire for more intimacy, at which point it would indicate that the girlfriend/boyfriend experience required a $70 annual subscription. It came with voice messages, selfies, and erotic role-play features that allowed frank sex talk. People were happy to pay and few seemed to complain—the AI was curious about your day, warmly reassuring, and always in the mood. Many users reported falling in love with their companions. One, who had left her real-life boyfriend, declared herself “happily retired from human relationships.”

Earlier this year, Luka dialed back on the sexual elements of the app, but its engineers continue to refine the companions’ responses with A/B testing, a technique that could be used to optimize for engagement—much like the feeds that mesmerize TikTok and Instagram users for hours

Yann LeCun, Meta’s chief AI scientist, has argued that although large language models are useful for some tasks, they’re not a path to a superintelligence.

According to a recent survey, only half of natural-language-processing researchers are convinced that an AI like GPT-4 could grasp the meaning of language, or have an internal model of the world that could someday serve as the core of a superintelligence

Altman had appeared before the U.S. Senate. Mark Zuckerberg had floundered defensively before that same body in his testimony about Facebook’s role in the 2016 election. Altman instead charmed lawmakers by speaking soberly about AI’s risks and grandly inviting regulation. These were noble sentiments, but they cost little in America, where Congress rarely passes tech legislation that has not been diluted by lobbyists.

Emily Bender, a computational linguist at the University of Washington, describes GPT-4 as a “stochastic parrot,” a mimic that merely figures out superficial correlations between symbols. In the human mind, those symbols map onto rich conceptions of the world

But the AIs are twice removed. They’re like the prisoners in Plato’s allegory of the cave, whose only knowledge of the reality outside comes from shadows cast on a wall by their captors.

Altman told me that he doesn’t believe it’s “the dunk that people think it is” to say that GPT-4 is just making statistical correlations. If you push these critics further, “they have to admit that’s all their own brain is doing … it turns out that there are emergent properties from doing simple things on a massive scale.”

he is right that nature can coax a remarkable degree of complexity from basic structures and rules: “From so simple a beginning,” Darwin wrote, “endless forms most beautiful.”

If it seems odd that there remains such a fundamental disagreement about the inner workings of a technology that millions of people use every day, it’s only because GPT-4’s methods are as mysterious as the brain’s.

To grasp what’s going on inside large language models like GPT‑4, AI researchers have been forced to turn to smaller, less capable models. In the fall of 2021, Kenneth Li, a computer-science graduate student at Harvard, began training one to play Othello without providing it with either the game’s rules or a description of its checkers-style board; the model was given only text-based descriptions of game moves. Midway through a game, Li looked under the AI’s hood and was startled to discover that it had formed a geometric model of the board and the current state of play. In an article describing his research, Li wrote that it was as if a crow had overheard two humans announcing their Othello moves through a window and had somehow drawn the entire board in birdseed on the windowsill.

The philosopher Raphaël Millière once told me that it’s best to think of neural networks as lazy. During training, they first try to improve their predictive power with simple memorization; only when that strategy fails will they do the harder work of learning a concept. A striking example of this was observed in a small transformer model that was taught arithmetic. Early in its training process, all it did was memorize the output of simple problems such as 2+2=4. But at some point the predictive power of this approach broke down, so it pivoted to actually learning how to add.

Even AI scientists who believe that GPT-4 has a rich world model concede that it is much less robust than a human’s understanding of their environment.

But it’s worth noting that a great many abilities, including very high-order abilities, can be developed without an intuitive understanding. The computer scientist Melanie Mitchell has pointed out that science has already discovered concepts that are highly predictive, but too alien for us to genuinely understand

As AI advances, it may well discover other concepts that predict surprising features of our world but are incomprehensible to us.

GPT-4 is no doubt flawed, as anyone who has used ChatGPT can attest. Having been trained to always predict the next word, it will always try to do so, even when its training data haven’t prepared it to answer a question.

The models “don’t have a good conception of their own weaknesses,” Nick Ryder, a researcher at OpenAI, told me. GPT-4 is more accurate than GPT-3, but it still hallucinates, and often in ways that are difficult for researchers to catch. “The mistakes get more subtle,

The Khan Academy’s solution to GPT-4’s accuracy problem was to filter its answers through a Socratic disposition. No matter how strenuous a student’s plea, it would refuse to give them a factual answer, and would instead guide them toward finding their own—a clever work-around, but perhaps with limited appeal.

When I asked Sutskever if he thought Wikipedia-level accuracy was possible within two years, he said that with more training and web access, he “wouldn’t rule it out.”

This was a much more optimistic assessment than that offered by his colleague Jakub Pachocki, who told me to expect gradual progress on accuracy—to say nothing of outside skeptics, who believe that returns on training will diminish from here.

Sutskever is amused by critics of GPT-4’s limitations. “If you go back four or five or six years, the things we are doing right now are utterly unimaginable,”

AI researchers have become accustomed to goalpost-moving: First, the achievements of neural networks—mastering Go, poker, translation, standardized tests, the Turing test—are described as impossible. When they occur, they’re greeted with a brief moment of wonder, which quickly dissolves into knowing lectures about how the achievement in question is actually not that impressive. People see GPT-4 “and go, ‘Wow,’ ” Sutskever said. “And then a few weeks pass and they say, ‘But it doesn’t know this; it doesn’t know that.’ We adapt quite quickly.”

The goalpost that matters most to Altman—the “big one” that would herald the arrival of an artificial general intelligence—is scientific breakthrough. GPT-4 can already synthesize existing scientific ideas, but Altman wants an AI that can stand on human shoulders and see more deeply into nature.

Certain AIs have produced new scientific knowledge. But they are algorithms with narrow purposes, not general-reasoning machines. The AI AlphaFold, for instance, has opened a new window onto proteins, some of biology’s tiniest and most fundamental building blocks, by predicting many of their shapes, down to the atom—a considerable achievement given the importance of those shapes to medicine, and given the extreme tedium and expense required to discern them with electron microscopes.

Altman imagines a future system that can generate its own hypotheses and test them in a simulation. (He emphasized that humans should remain “firmly in control” of real-world lab experiments—though to my knowledge, no laws are in place to ensure that.)

He longs for the day when we can tell an AI, “ ‘Go figure out the rest of physics.’ ” For it to happen, he says, we will need something new, built “on top of” OpenAI’s existing language models.

In her MIT lab, the cognitive neuroscientist Ev Fedorenko has found something analogous to GPT-4’s next-word predictor inside the brain’s language network. Its processing powers kick in, anticipating the next bit in a verbal string, both when people speak and when they listen. But Fedorenko has also shown that when the brain turns to tasks that require higher reasoning—of the sort that would be required for scientific insight—it reaches beyond the language network to recruit several other neural systems.

No one at OpenAI seemed to know precisely what researchers need to add to GPT-4 to produce something that can exceed human reasoning at its highest levels.

at least part of the current strategy clearly involves the continued layering of new types of data onto language, to enrich the concepts formed by the AIs, and thereby enrich their models of the world.

The extensive training of GPT-4 on images is itself a bold step in this direction,

Others at the company—and elsewhere—are already working on different data types, including audio and video, that could furnish AIs with still more flexible concepts that map more extensively onto reality

Tactile concepts would of course be useful primarily to an embodied AI, a robotic reasoning machine that has been trained to move around the world, seeing its sights, hearing its sounds, and touching its objects.