An AI-driven economy becomes fragile if productivity grows faster than broad-based participation
MY CAREER in business transformation and sustainability has taught me that what makes sense for one company may not benefit the wider economy.
Environmental sustainability offers a lesson: Businesses could profit while society bore environmental costs till the accumulated risks demanded attention from governments, investors and boards.
Artificial intelligence is creating a different version of this dilemma. Beyond disappearing jobs lies a deeper risk: What happens if AI-enabled capitalism excels at creating wealth but not at distributing economic opportunity?