In View
The Future Belongs to American Companies, Not Necessarily to Americans
The AI revolution is lifting the market value of US businesses, but history tells us it may not do the same for workers.
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Is there a better gauge of a nation’s strength than the vitality of its businesses? Thriving enterprises are a source of wealth and power, drivers of job creation, foundries for new technologies, and a sign that the institutions of education, finance, law and politics are working as they should.
So, eight years after Donald Trump won the White House with a bleak vision of a US in decline, four years since the Covid-19 pandemic tested national resilience and two years since Russia’s invasion of Ukraine rolled the iron dice1, it’s striking that America’s biggest businesses are doing better than ever.