PremiumOpinionOpinion byFran O'SullivanHead of Business·NZ Herald·17 Jul, 2026 07:00 PM7 mins to readHead of Business, NZMEArtificial intelligence is creating trillionaires such as Elon Musk, while testing the limits of capitalism. Photo / Getty ImagesThe next great transfer of wealth has already begun. It’s not being built on oil, property or private equity, but on artificial intelligence.AI has the potential to concentrate economic power on a scale not seen since the great industrial and oil monopolies of the 19th and 20th centuries.
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