AI's profit-driven model risks deepening inequality and stifling long-term innovation
Original framing: “Does the AI business model have a fatal flaw? - Reuters” — Reuters (via Google News)
It draws a clear parallel between the AI profit model and historic extractive industries, suggesting that the same capital‑driven logic that fueled colonial resource plunder now fuels data monopolies and labor displacement. This historical framing highlights recurring patterns of wealth extraction and social harm.
The article’s profit‑centric critique, when read through historical, future‑modelling, and trickster lenses, reveals a recurring pattern of capital extracting value from emerging technologies while sidelining Indigenous and marginalized perspectives.
Scientific evidence of bias and data concentration underscores the need for systemic interventions that embed public benefit, open data, and equitable governance. By integrating cross‑cultural wisdom and artistic‑spiritual imagination, future AI ecosystems can be reshaped to serve collective well‑being rather than narrow shareholder interests.