The economic interdependence that underpinned a peaceful world can be saved — but only if middle powers work together.
While a “Big Brother” dystopia might once have seemed reserved for authoritarian regimes, liberal democratic governments are deploying digital technologies — including contact-tracing apps — that are raising valid concerns about civil liberties.
It might be too late to mitigate the governance issues that will certainly come from TikTok’s dizzying growth, but for whatever comes next, regulators can do better.
In February, the Bank of Canada said that policy makers would need “years, not months” to work out all the technical issues with digital currencies.
As long as COVID-19 is a global concern, many aspects of daily life will be mediated by platform companies that see human interactions as content to be moderated, and as sources of data to be monetized.