Comment by Kenneth Rogoff

To avoid deepening social fractures, it will need to find ways to distribute the benefits of AI more broadly rather than allowing them to remain concentrated in the hands of a small group of first movers and tech billionaires.

Failure, in their eyes, means being left behind while AI automates large swaths of white-collar work – especially coding jobs, which until now have been a veritable licence to print money – and falling into the ranks of the permanent poor.