A trade secret is information that has actual or potential economic value from not being generally known to or readily ascertainable by others, and the owner of which takes reasonable measures to keep secret. Famous examples of this include the formula for Coca Cola and the recipe for Kentucky Fried Chicken. In the United States, trade secrets are protected under both federal and state laws.
AI systems raise a new set of questions regarding trade secrets because they can generate economically valuable information that was not originally in the possession of their human designers. Suppose that an AI system develops a trade secret that no person is aware of. Can this information qualify as a trade secret, despite no human knowing about it? John Villasenor weighs inon this question.
Why Kenya’s deployment won’t solve all of Haiti’s problems. On June 25, Haitians watched closely as several hundred Kenyan police officers arrived at Port-au-Prince—more than a year after former Haitian Prime Minister Ariel Henry requested international support amid a then-unprecedented uprising by gangs. Sophie Rutenbar explains the situation in Haiti now and the uncertain road ahead.
Advice for the Fed. Later this year, the Federal Reserve plans to begin a review of the monetary policy framework it adopted in August 2020. Drawing insights from a recent conference hosted by the Hutchins Center at Brookings, Sam Boocker and David Wessel share 11 lessons for the Fed to keep in mind.
About Brookings
The Brookings Institution is a nonprofit organization based in Washington, D.C. Our mission is to conduct in-depth, nonpartisan research to improve policy and governance at local, national, and global levels. If you were forwarded this email, sign up for the Brookings Brief to stay updated on our latest work.
The Brookings Institution,1775 Massachusetts Ave NW, Washington, DC 20036
The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars.