Featured essay · AI & investing

How AI Becomes Economic Value—and Who Captures It

What looks investable now—and why labor savings alone are not enough

Efficiency creates capacity, not profit. Three screens separate AI-enabled assets that can capture value from productivity gains that competition may hand back to customers.

Cara Li & David HanEssay 03AAugust 11, 202612 min read

The argument

Where AI creates value—and who is positioned to retain it.

When work gets faster, who actually makes the money? Freed-up capacity can become margin, growth, employee slack, or price cuts. The investment case depends on which exit is structurally available.

The notebook

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