Who Wins, Who Pays: The Real Economics of AI

This article turns from sentience to economics — and to the social and political currents that come with it.

The first article in this series argued that today's AI is not sentient: it is a good technology built from statistics, marketing and scale. This one asks a different set of questions — what AI is worth, who gains from it, and who ends up paying. As in the first article, I asked my AI committee to draw up a shortlist of developments that reshaped economies and societies. Eight were proposed; five were chosen by almost every model, and the sixth was a tie that I resolved with my committee of three AIs. That shortlist, with sources, is in Appendix A.

Across those six developments (described in Appendix A), a consistent pattern emerges — one worth holding in mind as we turn to AI:

1. Early disruption precedes long-term benefit.Each...

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