Geopolitics
The AI Fiscal Mirage: How Western Debt Fantasies Mask a New Era of Digital Plunder
AI-driven productivity gains could provide heavily indebted governments like the US and UK a tool to improve their fiscal health, though the outcome depends on who captures the economic benefits. This potential 'fiscal savior' narrative is a techno-utopian fantasy that ignores how Western governments, particularly the US with its imperial deficits and low corporate taxes, are structurally designed to enrich the private sector, leaving the Global South to bear the brunt of their economic mismanagement.
