Showing posts with the label Economic Democratization

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The Economic Truth Behind Autonomous AI That Hinton Overlooked

The prevailing narrative around artificial intelligence's impact on employment has settled into a predictable pattern: AI will replace human workers, leading to massive unemployment while concentrating wealth among the few who control the technology. Geoffrey Hinton, the Nobel Prize-winning computer scientist often called the "godfather of AI," recently articulated this concern with characteristic clarity in a Financial Times interview. "What's actually going to happen is rich people are going to use AI to replace workers," he stated. "It's going to create massive unemployment and a huge rise in profits. It will make a few people much richer and most people poorer. That's not AI's fault, that is the capitalist system. " EXCLUSIVE: Beyond LLMs - How Autonomous AI Systems Are Creating Unexpected Economic Opportunities This perspective, while compelling in its simplicity, represents only one trajectory in the rapidly evolving AI landsc...