AI is Overhyped, Will Only Worsen Inequality: Simon Johnson
The Contrarian Investor Podcast
00:00
The Future of Antitrust
I think what we're going to see with AI is such a concentration of power and. such a Concentration of profit that people are going to be looking at saying, wow,. why did these guys have all the profit? And it's not elsewhere in even the business ecosystem. So within the corporate sector, I think there will be support for this. But if you want to make yourself smaller, you can go back down to where the corporate tax rate was in the past. It's regulation through taxation, encouraging competition, which all the private sector claims that they like. Yes, until they don't.
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