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The AI pyramid: Power at the top, layoffs at the bottom
Beyond productivity, there’s a need to reclaim AI for fairness, transparency and inclusion.
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There is growing evidence that AI boosts productivity, particularly in white-collar roles where humans work alongside machines.
PHOTO: AFP
Sam Ahmed & Sungjong Roh
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For centuries, the path to economic mobility depended on land, labour, capital and enterprise. Those without land or capital once had little choice but to sell their labour. But then came enterprise. Some individuals managed to innovate by combining creativity, hard work, and borrowed capital to build businesses, generate wealth and climb the ladder out of their economic class.
But in the age of artificial intelligence (AI), that ladder is being pulled away. AI has emerged as the new factor of production and so the fundamental question is: Who owns it?
