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Who benefits and who gets left behind?
Who benefits and who gets left behind?
Prof. Gerry Tsoukalas and Brett Hemenway Falk
Researchers Gerry Tsoukalas and Brett Hemenway Falk recently published a research paper entitled "The AI Layoff Trap." Their findings went viral as one of the first studies to quantify artificial intelligence's impact on labor markets and outline the economic incentives that make the outcome almost impossible to avoid.
But the AI layoff trap is only the beginning of what these two researchers have to say. Something larger is happening, and it has no real precedent. Three of the most powerful forces in human history, artificial intelligence, cryptographic finance, and quantum computing, are maturing at the same time. Each one alone would be enough to reshape an era. Together, they are rewriting the rules of work, wealth, and trust faster than governments, institutions, or most companies can track.
The effects are already visible. AI is changing the nature of human work, at scale, in ways that cut across industries, geographies, and income levels. Meanwhile, the financial infrastructure the world runs on, banking systems, digital payments, blockchain networks, cryptocurrency, rests on cryptographic foundations that quantum computing is on a direct path to breaking. Adversaries are already collecting encrypted data today, banking on the ability to decrypt it once the hardware catches up. That window is closing faster than most institutional timelines assumed.
Crypto, the decentralized alternative built to survive the failures of traditional finance, sits at the center of both disruptions. It was designed for a world before quantum. It is being adopted in a world being hollowed out by AI. Its future depends on how well its architects understand the forces now surrounding it.
This Forecast features two world renowned researchers studying trends that are rocking the foundations of our collective future. Gerry Tsoukalas is a Professor of Information Systems at Boston University's Questrom School of Business, a Senior Fellow at the Wharton School, and a Thinkers50 Radar selection recognized globally as a leading thinker shaping the future of management and technology. Brett Falk is a Professor in the Department of Computer and Information Science at the University of Pennsylvania and Director of the Crypto and Society Lab. His research focuses on cryptography, coding theory, and the security of decentralized systems with a particular emphasis on translating rigorous mathematical tools into real-world protections for privacy and trust.
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