Economist Kenneth Rogoff argues that the AI boom is widening the gap between technological winners and losers in ways that could deepen global inequality. The commentary describes intense competition for AI talent in Silicon Valley, where compensation packages have reached extraordinary levels, alongside warnings that many governments risk being left out of the AI supply chain. Rogoff contends that countries unable to secure a stake in AI development may face job displacement without the tax revenue or institutional capacity needed to manage the resulting social and political fallout.
