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AI will 'exacerbate' wealth inequality and help ultra|rich


Three Reasons Why AI May Widen Global Inequality

Artificial intelligence is often hailed, especially by those seeking financing, as a transformative force capable of reshaping economies and ...

Will AI Solve The World's Inequality Problem – Or Make It Worse?

One is that access to the technology is already concentrated in the hands of the wealthy. Studies have regularly found that the less well-off ...

AI's impact on income inequality in the US - Brookings Institution

The first mechanism through which AI could increase inequality is by giving a stronger productivity boost to already highly-paid knowledge ...

AI Will Transform the Global Economy. Let's Make Sure It Benefits ...

In most scenarios, AI will likely worsen overall inequality, a troubling trend that policymakers must proactively address to prevent the ...

Will AI help or hurt Wealth Inequality over the next 10 years? - Reddit

AI itself will have little impact on overall inequality, but it will reduce inequality among the bottom 80%. However this reduction among the ...

The expansion of AI will likely shrink earnings inequality - CEPR

The bottom line is that AI has the potential to mitigate or even reverse the sharp increases in skill premia and earnings inequality that ...

How to solve AI's inequality problem - MIT Technology Review

The economy is being transformed by digital technologies, especially in artificial intelligence, that are rapidly changing how we live and work.

Artificial intelligence and wealth inequality: A comprehensive ...

There is a rich body of research examining the economic implications of AI and automation. ... could lead to the displacement of workers and increase wage ...

US experts warn AI likely to kill off jobs – and widen wealth inequality

ChatGPT is just the latest technology to fuel worries that it will wipe out the jobs of millions of workers, whether advertising copywriters, ...

How Artificial Intelligence Could Widen the Gap Between Rich and ...

Our recent staff research finds that new technology risks widening the gap between rich and poor countries by shifting more investment to advanced economies.

Will AI Make Inequality Better Or Worse - YouTube

Will AI bridge or widen the gap between rich and poor? While AI has the potential to make essential services more accessible, it could also ...

A New Industrial Revolution: Will AI Widen or Close the Income Gap ...

With AI already impacting certain occupations and industries, one can't help but ask: how will this transformative technology affect closing ...

What we're reading about the age of AI, jobs, and inequality

Anxieties about job displacement and income insecurity in the age of artificial intelligence (AI) are widespread.

AI's Impact on Income Inequality - Boston University

Additionally, AI increases the income gap through highlighting the potential disparity of individual skill and access to technology. In order to ...

What will AI mean for economic inequality? - MIT Technology Review

If overly restrictive immigration policies do not relax in rich countries, we will likely see the economic incentives to fill labor gaps with AI ...

AI will 'exacerbate' wealth inequality and help ultra-rich - AOL.com

In a new interview, artificial intelligence expert Kai Fu-Lee attributed the rise of wealth inequality in part to the tech boom in recent ...

Artificial Intelligence – Making the rich richer and the poor poorer

Artificial intelligence is anticipated to contribute $15.7 trillion to the world's economy over the next decade, primarily by increasing productivity and ...

AI will affect 40% of jobs and probably worsen inequality, says IMF ...

The IMF analysis shows that higher-wage earners whose jobs have high complementarity with AI can expect an increase in their income, leading to ...

AI will increase inequality and raise tough questions about humanity ...

Although economists have different opinions on the impact of AI, there is general agreement among economic studies that AI will increase ...

IMF warns AI to hit almost 40% of jobs worldwide and worsen overall ...

The IMF also flagged that AI could affect income and wealth inequality within countries, warning of “polarization within income brackets.” It ...