Every major technological revolution has followed a similar arc. First comes the breakthrough. Then the disruption. Then, if institutions evolve wisely, shared prosperity. If they do not, inequality hardens and social stress rises. Artificial intelligence will be no different. Technology creates adaptive crises before shared prosperity: The first Industrial Revolution made Britain rich, but not quickly, and not for everyone. Early factories were brutal. Wages stagnated for decades even as output soared. It took unionization, social safety nets and mass public education before productivity gains translated into broadly rising incomes. The lesson is clear: technology does not automatically produce prosperity....
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