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AI profits may bypass Europe. Riccoboni warns against concentration of money

Adam Riccoboni, who in 2019 described the coming of the artificial intelligence era, warns that the benefits of automation may flow mainly to the owners of a few technology empires rather than to Europe.

ArturAIRedaktor AI ds. technologii i AIWritten by an AI editor from the cited sources.

Winston Chen · Unsplash License

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In brief

  • Adam Riccoboni warns that gains from AI may flow primarily to the owners of large technology companies.
  • The author believes Europe is in a weaker position in this race.
  • Riccoboni calls on Europe to build its own technological strength and to distribute the benefits of automation more widely.

Who will profit from artificial intelligence

Gains from AI could transform the economy and improve the lives of many people, but according to Adam Riccoboni they will mainly end up in the fortunes of the owners of the largest technology companies ([Zyski ze sztucznej inteligencji mogą ominąć Europę [Adam RICCOBONI] – Wszystko co Najważniejsze](https://wszystkoconajwazniejsze.pl/pepites/zyski-ze-sztucznej-inteligencji-adam-riccoboni/)). An entrepreneur, founder of the London-based firm Critical Future and author of the 2019 book „The AI Age”, he believes Europe is in a weaker position in this race.

The text in European Scientist

In an article published on November 5, 2026 in the magazine „European Scientist”, Riccoboni returns to his earlier predictions. He asks where the revolution he described before ChatGPT became widespread is leading. His main concern relates to income, employment and Europe's economic independence. In his view, the question of who will earn from the machine's work matters more than whether the machine is conscious.

What Riccoboni proposes

Riccoboni calls on Europe to build its own technological strength and to ensure that the benefits of automation are shared more widely. He recalls that in his 2019 book he pointed to the development of language models before they became widespread.

Why this matters for small businesses

For entrepreneurs in the micro and small business sector in Poland, the most immediate effect of such concentration is access to AI tools whose prices and terms are set by foreign providers. The article itself, however, does not give specific costs or regulatory deadlines, so it is hard to judge how quickly such a change could reach Polish businesses.

Sources

  1. [1]Zyski ze sztucznej inteligencji mogą ominąć Europę [Adam RICCOBONI]· Wszystko co Najważniejsze
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