{"id":20105,"date":"2025-09-16T13:37:20","date_gmt":"2025-09-16T11:37:20","guid":{"rendered":"https:\/\/costops.com\/index.php\/2025\/09\/16\/ai-will-make-the-rich-unfathomably-richer-is-this-really-what-we-want-dustin-guastella\/"},"modified":"2025-09-16T13:37:20","modified_gmt":"2025-09-16T11:37:20","slug":"ai-will-make-the-rich-unfathomably-richer-is-this-really-what-we-want-dustin-guastella","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2025\/09\/16\/ai-will-make-the-rich-unfathomably-richer-is-this-really-what-we-want-dustin-guastella\/","title":{"rendered":"AI will make the rich unfathomably richer. Is this really what we want? | Dustin Guastella"},"content":{"rendered":"<p>The \u2018knowledge economy\u2019 promised cultural and social growth. Instead, we got worsening inequality and division. Artificial intelligence will supercharge it<\/p>\n<p>Recently, Palantir \u2013 a tech corporation that boasts no fewer than <a href=\"https:\/\/finance.yahoo.com\/news\/palantir-stock-surge-made-firm-160014989.html\">five billionaire executives<\/a> \u2013 <a href=\"https:\/\/www.palantir.com\/q2-2025-letter\/en\/\">announced<\/a> its Q2 earnings: over a billion dollars generated in a single quarter. Forty-eight per cent growth in its business compared with the same quarter last year, including 93% growth in its US commercial business. These elephantine numbers are maddening \u2013 and, in large part, a result of the company fully embracing AI.<\/p>\n<p>The AI revolution is here and, as its proponents <a href=\"https:\/\/www.cnbc.com\/2018\/02\/01\/google-ceo-sundar-pichai-ai-is-more-important-than-fire-electricity.html?utm_source=substack&amp;utm_medium=email\">remind<\/a> us daily, it will remake our world, making every company and government agency more efficient and less error-prone while helping us unlock hitherto unheard of advances in science and technology. Not only this, but if we play our cards right, big tech\u2019s latest explosion could yield unprecedented economic growth.<\/p>\n<p>Dustin Guastella is director of operations for Teamsters Local 623 in Philadelphia, and a research associate at the Center for Working-Class Politics<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/commentisfree\/2025\/sep\/16\/ai-wealth-inequality-cultural-division\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/0ea8fdd647cf1ddd86ecc35a69a6262067ad63e9\/1000_0_5000_4000\/master\/5000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=b3f12c766b45d40c32b7dea46c9c54ff\" title=\"AI will make the rich unfathomably richer. Is this really what we want? | Dustin Guastella\" \/>The \u2018knowledge economy\u2019 promised cultural and social growth. Instead, we got worsening inequality and division. Artificial intelligence will supercharge it<br \/>\nRecently, Palantir \u2013 a tech corporation that boasts no fewer than five billionaire executives \u2013 announced its Q2 earnings: over a billion dollars generated in a single quarter. Forty-eight per cent growth in its business compared with the same quarter last year, including 93% growth in its US commercial business. These elephantine numbers are maddening \u2013 and, in large part, a result of the company fully embracing AI.<br \/>\nThe AI revolution is here and, as its proponents remind us daily, it will remake our world, making every company and government agency more efficient and less error-prone while helping us unlock hitherto unheard of advances in science and technology. Not only this, but if we play our cards right, big tech\u2019s latest explosion could yield unprecedented economic growth.<br \/>\nDustin Guastella is director of operations for Teamsters Local 623 in Philadelphia, and a research associate at the Center for Working-Class Politics Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The \u2018knowledge economy\u2019 promised cultural and social growth. Instead, we got worsening inequality and division. Artificial intelligence will supercharge it Recently, Palantir \u2013 a tech corporation that boasts no fewer than five billionaire executives \u2013 announced its Q2 earnings: over a billion dollars generated in a single quarter. Forty-eight per cent growth in its business &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2025\/09\/16\/ai-will-make-the-rich-unfathomably-richer-is-this-really-what-we-want-dustin-guastella\/\"> <span class=\"screen-reader-text\">AI will make the rich unfathomably richer. Is this really what we want? | Dustin Guastella<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":20106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/20105"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=20105"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/20105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/20106"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=20105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=20105"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=20105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}