AI, gentrification, and jobs: Implications for boards of directors and corporate governance

Abstract

The major research question or issue in this paper is to develop strategies for companies and boards of directors to seize opportunities from emerging technological advances, instead of being threatened by artificial intelligence (AI), gentrification, and other new technologies. The major sections of this paper are gentrification, positive and negative responses to gentrification, the evolving technology environment for jobs, “adapt or die” strategy with implications for companies and boards of directors, related stakeholder and sustainability focus, strategies to avoid “Fear of Missing Out,” and summary