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Three years ago, ChatGPT entered our world and changed the way many of us interact with our phones, computers, work and life in general. What began as a fun novelty essentially kick-started an artificial intelligence boom. Today, numerous AI tools are embedded in research, classrooms, hospitals, law firms and other industries, promising efficiency and creativity. As we mark this anniversary, we must ask: At what cost and at whose expense do we realize this efficiency and creativity?
From a financial perspective, the rise of ChatGPT and other AI tools has fueled huge investments in technology and data centers. In fact, George Saravelos of Deutsche Bank recently wrote that without these investments, the U.S. economy “would be close to, or

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