For context, closest established ideas linking company prof…
For context, closest established ideas linking company profit/markups, AI, and unemployment include:
- Superstar firm dynamics (rising markups at dominant firms, falling labor share)
- Automation/AI task-replacement vs. task-creation (Acemoglu & Restrepo)
- Routine-biased technical change (displacing routine jobs)
- Winner-take-most effects from software/intangibles