The Labor Economics of Physical AI: Who Pays for Automation and Who Captures the Gains?
What happens when businesses can increasingly substitute capital and machines for human labor and who captures the resulting productivity gains? That question sits at the center of the labor economics of physical AI, as robots and autonomous machines move beyond narrowly defined industrial tasks and into a wider range of physical activities. Unlike software automation, […]
Who Will Pay for Climate Resilience? The Investment Case for Adaptation Infrastructure
The most expensive infrastructure problem is often the one that has not happened yet: a city that must strengthen its drainage system, a utility that needs to harden its grid, or a coastal community that must protect valuable assets before the next major storm. That is turning climate adaptation infrastructure into a capital-allocation question, not […]
