Revisiting Smith's theories in light of today's complex challenges, Spence argues that while globalization's specialization is facing headwinds due to rising geopolitical and economic risks, the emergence of AI represents a more fundamental shift. AI's potential to democratize expertise could dramatically alter the value of specialized knowledge, impacting the future of work and the global economy.
Read the full article here.
Advisory Board Chairman, Asia Global Institute
Room 326-348, Main Building
The University of Hong Kong
Pokfulam, Hong Kong