Mar 4 • 11:11 UTC 🇰🇷 Korea Hankyoreh (KR)

Tariffs, AI, A New World

The article discusses the current geopolitical landscape marked by unpredictability, increased tensions, and the implications of U.S. tariff policies and the rise of artificial intelligence.

The article, penned by Professor Ryu Ung-jae of Hanyang University, explores the complexities of today's world where traditional alliances across politics, economics, technology, and diplomacy are increasingly unpredictable. It highlights the strain in U.S. relations with allies like South Korea and Japan as the country imposes significant tariffs driven by its economic interests. Additionally, it notes the deterioration of the long-standing U.S.-European relationship concerning the Ukraine ceasefire and Greenland territorial disputes, signaling a retreat from globalization, which has underpinned international relations for decades. The consequence is a rise in protectionism, with potential conflicts surrounding tariff negotiations looming.

In contrast, artificial intelligence (AI) is portrayed as a dual force in the current global economy—while it is credited with fostering innovation and economic growth, it also raises concerns about its implications. The article argues that competitive investments between nations in AI overlook potential downsides and focus instead on promising productivity gains and shifts in industrial and social practices. These advancements are changing the very fabric of labor, both physical and mental, as countries race to assert their global power through technological prowess, often at the cost of international cooperation in technology sharing.

Ultimately, the article paints a portrait of globalization being engulfed by contrasting forces of extreme protectionism and rapid technological advancement. The escalating trade wars and tariff wars serve as indicators of a world that is increasingly retreating into nationalism, challenging the previously held notions of global interdependence. Ryu warns that the future trajectory of international relations is fraught with complexities that demand careful navigation amid the unfolding global upheaval.

📡 Similar Coverage

🇬🇷 Greece Feb 24 • 05:00 UTC

Customs Upset

Naftemporiki