AI Cuts Costs but Not Basic Needs: Columnist Argues Limits of Productivity Gains

Columnist Bert Colijn argues that while AI reduces costs in many sectors, it does not address the rising costs of basic needs like housing and food. The piece is an opinion column, not a data-driven report, and reflects a broader debate on AI's economic impact. It matters as it highlights a potential limit to AI-driven growth and its distributional effects.