PomegraAI as a Transformative General Purpose Technology
Artificial Intelligence (AI) is emerging as a transformative General Purpose Technology comparable to electricity and the internet, promising long-term productivity growth. However, its current impact is characterized by a shift in returns from labor to capital that exacerbates wealth inequality, creating AI winners and losers while fundamentally restructuring labor markets worldwide.
Three Models of Global AI Governance
Geopolitically, AI serves as a central axis of great power competition, bifurcating global governance into three competing models: the United States' innovation-driven approach, China's state-led replication strategy, and the European Union's regulatory approach anchored by the EU AI Act. This rivalry is accelerating technological decoupling and fragmenting the global AI ecosystem.
Critical Challenges and Systemic Risks
The integration of AI into military systems and economic infrastructure poses existential risks. Governments worldwide are rushing to implement governance frameworks to balance systemic risks with innovation imperatives.
Key concerns include:
- •AI-driven displacement of routine cognitive tasks and low-skilled jobs
- •Compression of military decision-making timelines increasing miscalculation risks
- •Technological decoupling between US and China fragmenting the AI ecosystem
- •Need for workforce upskilling, AI literacy, and social safety net expansion