Source: The Daily Economy
by Peter C Earle
“The idea that artificial intelligence could usher in a ‘post-money’ world — and that such a world would also render firms obsolete — rests on a misunderstanding of what firms are and why they exist. Even if, for the sake of argument, we accept the highly implausible premise that money would disappear beneath an AI/robotics explosion of superabundance, it does not follow that firms would disappear with it. Firms are not artifacts or by-products of monetary exchange; they are organizational responses to coordination problems, uncertainty, and the costs of markets.” (04/29/26)
https://thedailyeconomy.org/article/why-ai-wont-kill-the-firm/