![]() ![]() This power has been held primarily by large corporations. ![]() AI is The Great Equalizer Photographer: Markus Winkler | Source: UnsplashĪI is the great equalizer because it puts the power that was once only held by large corporations in the hands of all of the masses.īut since the start of the industrial revolution, the cost of labor has been an obstacle for anybody without deep enough pockets to create anything at scale. ![]() In his foundational economic text, The Wealth of Nations, Adam Smith said division of labor increases output because division of labor increases dexterity: Meaning that every person committed to a product does the thing they're best at, thus increasing likelihood that they will be successful.ĭivision of labor was the foundation of assembly line manufacturing, making it possible for Henry Ford to build cars at scale.įast forward to the infancy of the internet and the birth of the knowledge economy and nearly every organization was built by division of labor: UX designers to build a website, programmers to build a product, marketers to spread the word, and salespeople to sell the product. ![]()
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