AI will deliver gains to a limited group of winners

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AI will deliver gains to a limited group of winners

The article discusses how the rapid advancements in generative artificial intelligence will impact the economy, business, and society, leading to a select group of winners. It highlights the significant investments required for AI innovations, which will result in a concentrated set of winners, particularly dominated by Big Tech firms.

The piece delves into the potential effects of AI on capital, labor, and productivity, emphasizing the challenges governments will face due to the emergence of a smaller workforce. It also touches on the uncertainties surrounding job losses and gains associated with AI, with projections varying across different sectors and industries.

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