Breaking the Jeff Bezos model of new technology
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Contributor(s): Dr Hilary Cottam, Dr Faiza Shaheen, Professor Jack Stilgoe | New technology and AI are transforming the labour market at an unprecedented pace, often reinforcing existing inequalities and concentrating wealth in the hands of a few. It is widely believed that without intervention, this trend will continue, creating a society where a handful of tech billionaires thrive while countless others struggle with low wages and job insecurity. But is this future inevitable? What are the potential scenarios going forward? How can we rethink the way technological innovation is structured to ensure its benefits are more widely shared? Is there an alternative to a winner-takes-all model which creates billionaires like Jeff Bezos and Elon Musk while pushing many into low paid work?