As AI lowers the cost of execution, it blurs the line between worker and owner, contractor and firm, and challenges long-standing structures of economic power. AI may help the big get bigger, but also lets the small act bigger than ever before.

To understand how AI might truly transform the economy, we need to ask better questions. How does the economic system change when AI is introduced? Which constraints on the system are removed, and which new ones emerge? Where do new risks show up, and who manages them?