AI and the Institutional Reckoning: Adapt or Perish
AI will disintermediate many sclerotic institutions
Introduction
The more powerful AI becomes, the poorer most institutionalists will fare1. By “institutionalists,” I mean those people who work in institutions, deeply embedded in existing structures: large corporations, government bureaucracies, universities, and other hierarchical systems. They cling to longstanding routines, regulatory frameworks, and co…