I have seen the future of international trade, and it is called DEPA, the Digital Economy Partnership Agreement. With this trade agreement, New Zealand, Chile, and Singapore have crafted a new approach to trade policymaking focused on rules to govern cross-border data flows, facilitate data-driven economic growth, and increase online trust. In December, Canada announced it would seek to join DEPA. The U.S. should too. DEPA is pathbreaking for several reasons. First, the participants see their relationship as a partnership; they pledge to build a digital economy that supports innovation and builds trust in their own countries and globally. Second, they drafted the agreement to demonstrate the benefits of collaboration at a time when many economies are choosing to go it alone or bilaterally because of Covid-19.
Recent Publications
China-U.S. Rivalry Will Split the World into Competing AI Camps
The U.S. and China both put forward plans for artificial intelligence last month. The two have long sought to lead on AI, and their competition has led to technological breakthroughs, lower costs, and wider use of the technology. But as their new plans illustrate,...
Taking the Wrong Lesson from China’s AI Strategy
Taking the Wrong Lesson from China’s AI Strategy The United States is mimicking China’s approach to centralized data, risking privacy, security and democratic accountability in the name of AI leadership. Chinese leaders early on recognized the importance of data for...
Regrets of the Tech Bros: In a land ruled by the law of the jungle
On his Inauguration Day, Donald Trump sent a message. The founders and CEOs of Apple,Amazon, Google, Meta, Open AI, and Uber, among other giant high-tech companies, sat in the front rows near the Trump family and cabinet nominees. Trump and his staff wanted to use...