Biggest one-day fall by S&P 500 in a month, 30Y TBond yield above 5% for first time since 2023

Radical Novelties in Critical Technologies and Spillovers: How Do China, the US and the EU Fare?

Critical technologies including artificial intelligence, semiconductors and quantum computing are attracting attention because of their indispensable nature and their role in national security strategies. We compare China, the United States and the European Union in these technologies and their subfields.We use large language models (LLMs) to identify which patents in these technologies can be considered most groundbreaking (not patented before) and worth replicating. These are ‘radical novelties.’We find that the US clearly dominates quantum. Chinese and EU progress is similar. The US does sl...

Plus forte baisse du S&P 500 depuis un mois, clôture du 30 ans US au-dessus de 5 % pour la première fois depuis 2023