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AI, the market, and the value of possible worlds
The high valuations of AI stocks are fueling debate over a possible new technology bubble. A few figures explain why. In 2026, Nvidia surpassed a market capitalization of $5 trillion, while the U.S. semiconductor sector posted gains of more than 100% over the past year. The U.S. market is trading at multiples that are very high by historical standards: the S&P 500’s Shiller P/E has risen above 40, ...
The Body of Law Against Discrimination
One of the characteristics of anti-discrimination law lies in having introduced peculiar notions, rules, and institutions such as direct and indirect discrimination. Anti-discrimination law is also characterized by the presence of sanctions (that must be "actual, proportionate, and dissuasive"). This strengthens the position of those who – merely because they are victims of discrimination and part ...