The Conversation

If AI takes most of our jobs, money as we know it will be over. What then?

It’s the defining technology of an era. But just how artificial intelligence (AI) will end up shaping our future remains a controversial question.

For techno-optimists, who see the technology improving our lives, it heralds a future of material abundance.

That outcome is far from guaranteed. But even if AI’s technical promise is realised – and with it, once intractable problems are solved – how will that abundance be used?

Crowdfunded companies are ‘ghosting’ their investors – and getting away with it

Imagine you invest US$500 to help a startup get off the ground through investment crowdfunding. The pitch is slick, the platform feels trustworthy and the company quickly raises its target amount from hundreds of people just like you. Then – silence. No updates, no financials, not even a thank-you.

You’ve been ghosted – not by a friend, but by a company you helped fund.

Crowdfunded companies are ‘ghosting’ their investors – and getting away with it

Imagine you invest US$500 to help a startup get off the ground through investment crowdfunding. The pitch is slick, the platform feels trustworthy and the company quickly raises its target amount from hundreds of people just like you. Then – silence. No updates, no financials, not even a thank-you.

You’ve been ghosted – not by a friend, but by a company you helped fund.

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