Source: Fortune
Summary
Economist Dambisa Moyo spoke with Fortune about the 250th anniversary of Adam Smith’s “The Wealth of Nations”. She argues that free markets and free people are key to progress, but notes that the current world is lacking in morality and compassion. Moyo also discusses the impact of AI on jobs and the need for business leaders to take responsibility for sustaining the consumer class.
Our Reading
The numbers tell one story.
Dambisa Moyo’s warnings about the impact of AI on jobs and society are a familiar refrain. Her advice to business leaders to “retool, reskill, and take on more costs” to protect their “license to trade” sounds like a call to action. But what does it really mean? The economist’s words are a reminder that the consequences of AI-driven disruption are still being written.
Author: Evan Null
