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Tune in to the latest Betting on America episode with Randall Woodfin and Navin Girishankar here: tinyurl.com/ymjc3x7t

It was great to spend time with friend and mentor Ray Dalio⁩ and discuss why now more than ever fiscal management is economic security. His new book, How Countries Go Broke, lays it out in a compelling, no nonsense way.

“The war in Ukraine is not just a land campaign—it is an algorithmic war of attrition, fought with drone swarms and missile salvos designed as much to terrorize as to degrade military capability,” write CSIS Futures Lab experts. Learn more: cs.is/42IG4sa

It’s been two months since Navin Girishankar and the EST department launched our podcast, Betting on America. We now have six episodes, check them out! tinyurl.com/m995mbas

"The AI race is without a doubt centered on the U.S. and China, who host 45% and 25% of world data center capacity, respectively. They also host the leading AI labs, including firms like OpenAI, Anthropic, and DeepSeek," explain CSIS Energy Program experts. More: cs.is/4k9ySuQ

In this latest CSIS Economic Security and Technology (EST) Back and Forth piece, CSIS Strategic Technologies Program experts Matt Pearl and Alexander Klimburg discuss whether the United States should allow nongovernment entities to engage in offensive hacking. More here: cs.is/3EDIpLA

Breaking: Moody’s Ratings Service is downgrading the U.S.’s credit, citing increased government debt over the past decade and rising interest payments. politico.com/news/2025/05/1…

Re the U.S. debt downgrade, you should know that credit ratings understate credit risks because they only rate the risk of the government not paying its debt. They don't include the greater risk that the countries in debt will print money to pay their debts thus causing holders

The great Paul Alivisatos on next gen American scientists.

An incisive commentary by my colleague, Ilaria Mazzocco.

Alexandr Wang explains that in the early stages, employees won’t feel like they’re managing AI agents. Instead, they’ll be reviewing and correcting AI outputs—what he calls “AI slop.” At first, this seems like simple quality control, but it gradually becomes a form of

Trivium’s Cory Combs tells Bloomberg the US is still a decade away from securing rare earths while China has developed alternatives to most US chips. “China’s leverage is more durable than a lot of the US leverage at this stage. I’m not sure if this works out well for the US.”

ICYMI: CSIS Wadhwani AI Center experts unpacked the evolution of modern warfare in the Russia-Ukraine war, including the use of unmanned systems on the battlefield, approaches to innovation, and implications for future conflicts. Watch their discussion here: youtube.com/watch?v=WvSY97…

Tune in at 10 AM ET today as Caltech's President Thomas Rosenbaum will join Navin Girishankar on Betting on America to discuss American innovation, the role of universities, and the importance of the new tech race. tinyurl.com/495kxj8u

Let’s go Caltech!

On the latest episode of Betting on America, CSIS Economic Security and Technology (EST) president Navin Girishankar welcomes Caltech president Thomas Rosenbaum to discuss the importance of scientific research at U.S. universities. Listen here: csis.org/events/america…

“You only get leverage if the person that you hire can do it better than you can”. - Founder of a16z Ben Horowitz,

With all the talk about the One Big Beautiful Bill, are we being good stewards of America’s science and technology ecosystem? Are we making good decisions about investing in basic research and the next gen of American scientists? Listen to what Caltech President Thomas

Oil markets will be effected by the new attack. Follow CSIS Energy Program colleagues for updates Clay Seigle Kevin Book Ben Cahill