Plus, China’s capital flight, and AI access and participation.
What comes after the Supreme Court’s Chevron ruling? The U.S. Supreme Court handed down its decision in Loper Bright Enterprises v. Raimondo last month, ending four decades of “Chevron deference”—the doctrine which held that federal judges must generally defer to the interpretation of regulating agencies in instances of statutory ambiguities. In a new compilation piece, Cameron F. Kerry, Mark MacCarthy, Katharine Meyer, and Tom Wheeler assess the implications of this ruling on federal agencies, the judiciary, and more. | More research and commentary China’s Achilles’ heel—capital flight. China experienced large-scale capital flight in 2015 and 2016, as households moved savings abroad to protect against devaluation. Robin Brooks explains whether this situation is unfolding again and how U.S. tariffs factor in. Piloting inclusive AI. As AI models grow increasingly complex and data-intensive, the infrastructure needed to train and run these models becomes prohibitively expensive. Even top-tier research universities are struggling to keep up with the costs. Jennifer Wang and Mark Muro highlight a new initiative which aims to address AI access and participation concerns. | 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 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. | |