Kenneth Rogoff warns that the AI boom could deepen inequality in ways no country, rich or poor, is prepared to manage.
Kenneth Rogoff warns that AI creates a permanent economic divide: countries excluded from the AI supply chain risk mass job displacement without fiscal resources to contain political fallout. For Italian tech leaders, securing supply chain positioning is now a state-level imperative, not just corporate strategy.
en English
Economics
Jun 2, 2026
Kenneth Rogoff
AI is transforming the global economy while widening the gap between technological winners and losers. Governments that fail to secure a place in the AI supply chain may find themselves confronting mass job displacement without the tax revenues or state capacity needed to contain the social and political fallout.
From India and Africa to Europe, countries not yet in the AI supply chain risk mass job losses, losing the tax revenue needed to…
Despite the relentless insistence of tech’s grifters, AI is not industrially inevitable – or even sustainable. Which is why it is…
Experts say AI’s early returns are concentrated among major players, while broader economic benefits remain uneven.
"We suspect that job losses in tech have been driven mainly by AI displacement."
"For the longer-run, the rise in the college wage premium is over, and a decline has (probably) begun," the Berkeley economist…
AI is disrupting labor markets, but it can also be "a rising tide that lifts all boats" if workers embrace it with support from…
