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Labour's share of GDP is falling across wealthy nations, and the gap between wages and productivity looks set to widen further.
AI adoption risks accelerating that decoupling, reshaping how output is generated without a commensurate lift to worker pay.
The split taking shape Wages and productivity moved broadly together across developed economies for much of the post-war period. That relationship is under pressure.
As AI shifts more of the production function toward capital, labour's share of national income faces a structural squeeze.
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