Author: Amitrajeet A. Amitrajeet

The 21st century has witnessed an unprecedented surge in technological advancements, with artificial intelligence emerging as a worldwide transformative force across the economy. The integration of AI-based technologies into regional economies through the manufacturing and design of goods such as smartphones and smart speakers has sparked significant changes, leading to increased efficiency, innovation and economic growth. So far, analyses by the urban theorist Richard Florida and others have shown that the economic development driven by AI, like other waves of high technology, are tending to concentrate in specific areas, such as the San Francisco Bay Area and the Washington-to-Boston Northeast…