Microsoft chief executive Satya Nadella has warned that the artificial intelligence (AI) boom could 'hollow out' entire industries the way outsourcing once gutted manufacturing, a stark caution from the man whose own company is pushing AI tools onto millions of office desktops.
In a lengthy post on X and remarks at a live taping of The New York Times' 'Hard Fork' podcast, Nadella argued that if value in the AI economy concentrates in a handful of large models, 'the political economy will simply not tolerate it.' He drew a direct line between today's AI race and the first wave of globalisation, which lifted headline growth figures while leaving lasting social and political damage in its wake.