The advancement of artificial intelligence (AI) offers immense potential to drive innovation, productivity, and new forms of economic participation. Yet, without thoughtful oversight, AI can pose risks of deepening inequality. Past technological revolutions, from mechanization to digitalization, have produced both prosperity and dislocation, sometimes widening gaps in income, wealth, and opportunity. A key question that arises is: How can AI be deployed effectively to enhance economic mobility and ensure the benefits of AI systems are reaped widely?