Source: Ludwig von Mises Institute
by Joseph Solis-Mullen
“Throughout history, innovation has often provoked worry, and artificial intelligence has become the latest source of economic anxiety. Workers fear displacement, recent graduates worry that entry-level jobs may disappear, and politicians increasingly speak of the need to manage the transition. Across the world, governments are searching for ways to soften the disruptive effects of a technology that promises dramatic increases in productivity. The debate is often framed as a struggle between technological progress and employment. But that is not the real issue. The more important question is whether economic decisions will remain economic or become increasingly political. China’s response to artificial intelligence offers an early glimpse of this dilemma.” (06/10/26)
https://mises.org/mises-wire/ai-creative-destruction-and-politicization-economic-change