An AI sovereign wealth fund isn't progressive — it's techno-imperialism

An AI sovereign wealth fund isn't progressive – it's techno-imperialism

A Financial Times opinion piece argues that proposals for an AI sovereign wealth fund are not the progressive redistribution they claim to be, but a form of techno-imperialism. The article contends that concentrating AI's gains in state-controlled funds extends power over poorer nations rather than sharing prosperity, and warns against dressing up extraction as public benefit.