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FT's Martin Wolf calls for managing the AI revolution in new column

June 17, 2026 at 00:17 EDT

Policy & Regulation

Martin Wolf, chief economics commentator at the Financial Times, published an opinion piece titled "We have to manage the AI revolution" on June 17, 2026, arguing that the transformation driven by AI should be actively managed at the social and policy level.

June 17, 2026 · Opinion

We Have to Manage the AI Revolution

Governance frameworks are lagging behind generative AI's rapid spread. The argument: public oversight — not corporate self-policing — is needed to maximize the benefits while containing the risks.

12–18

months in which much accounting & legal work could be automated, per Microsoft AI's CEO

divergent regional regulatory models, leaving alignment uneven

Few

CEOs said to hold a complete AI strategy — rollouts stay slow & messy

Three regions, three approaches to AI

Risk-based regulation by use case (AI Act)

Self-regulation plus executive orders

China

State-led development and control

The gap that needs managing

Investment ambition is running far ahead of real-world implementation.

Investment

ambition / hype

Implementation

actual rollouts

Barriers: talent shortages · data quality · hallucinations · unauthorized use

The core argument

Close the governance void with public accountability and transparency — not corporate self-policing.

Governance by elected public bodies, not companies

A US–China regulatory consensus

Corporate disclosure obligations

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