New Delhi, June 10 -- Artificial intelligence (AI) is often viewed through the lens of disruption, job losses, and the race among technology companies to build increasingly powerful models. But ace investor Vijay Kedia believes history points to a different outcome.

In a post on X on 9 June, Vijay Kedia argued that "many people worry that AI will take jobs. History suggests a different possibility. Refrigerators, electricity, highways, and the Internet created opportunities for entire ecosystems. AI may follow the same path. The invention creates the opportunity. The application creates the fortune."

While a handful of companies may create AI, the larger economic opportunity could emerge for businesses that successfully apply the techno...