The path to capable firms; Data release for improving airports; Policy thinking on `AI'; XKDR Forum in March
The path to capable firms
Recent events have brought a fresh focus upon issues such as moving money across the border, optimising taxes in the global economy, SEBI’s 25% minimum shareholding rule, etc. In my column in the Business Standard yesterday, I argue that a lot of these rules are the relics of socialism, and the path to capable firms operating in India lies in removing these restrictions.
Data release for improving airports
Airports are regulated monopolies. Their income from flyers is insensitive to the experience of flying. This is analogous to the difficulties of dropped calls in the field of telecom, where telecom vendors have low incentive to care about the `quality of service’. In a recent column on BloombergQuint on 14 April, Karthik Suresh and I propose a simple data release strategy which can help reshape the incentives of managers of airports.
Policy problems associated with recent developments in `AI’
The Hindu Parley podcast had Apar Gupta and me, interviewed by Prashanth Perumal J, on policy concerns associated with recent developments in what is loosely termed `AI’. We seem to be less worried than most about things like competition policy and job loss. We worry about checks and balances in government applications.
XKDR Forum in March
Our newsletter is out.