Artificial Intelligence and Wealth Inequality

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

This could lead to job losses and lower wages in affected industries. In such a scenario, firms adopting the most capable AI systems will need ...

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 ...

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.

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

Yet it could also replace jobs and deepen inequality. The rapid advance of artificial intelligence has captivated the world, causing both ...

AI's economic peril to democracy - Brookings Institution

Artificial intelligence (AI) is poised to fundamentally reshape labor markets and the economy. If the gains accrue narrowly while human labor ...

Artificial Intelligence and Wealth Inequality: A Comprehensive ...

Our findings reveal a positive and statistically significant correlation between AI technology adoption, AI capital stock accumulation, and wealth disparity.

Unregulated AI Will Worsen Inequality, Warns Nobel-Winning ...

In that kind of world AI may be an ally of the employer and weaken workers' bargaining power even more, which could increase inequality even ...

Three Reasons Why AI May Widen Global Inequality

Artificial intelligence is often hailed, especially by those seeking ... wealth among those who control the technology. But the bigger ...

Artificial intelligence and wage inequality - OECD

At the same time, there is some evidence that AI may be associated with lower wage inequality within occupations – consistent with emerging ...

Artificial intelligence, services globalisation and income inequality

This study, using a panel of 86 countries over 2010–19, finds that investment in AI is associated with higher income inequality.

Artificial Intelligence, the Future of Work, and Inequality - Magazine

The second set of questions has to do with how automation impacts income and wealth inequality. On the one hand, if the ownership of robots is concentrated ...

Gen AI and the racial wealth gap - McKinsey & Company

Overall, ~$500 billion is expected to be generated by 2045 by gen AI. If Black households were to gain gen AI–created wealth at the same rate as ...

What will generative AI mean for the racial wealth gap?

According to a recent report by the McKinsey Institute for Black Economic Mobility, part of the business management and consulting firm McKinsey ...

How artificial intelligence is helping to identify global inequalities

Machine learning tools are helping researchers understand how income is distributed and progress towards reducing inequality.

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.

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

Almost 40 percent of global employment is exposed to AI, with advanced economies at greater risk but also better poised to exploit benefits.

Artificial Intelligence Has Caused A 50% To 70% Decrease ... - Forbes

Artificial intelligence, robotics and new sophisticated technologies have caused a wide chasm in wealth and income inequality. It looks like ...

Artificial intelligence and wealth inequality: A comprehensive ...

Our findings reveal a positive and statistically significant correlation between AI technology adoption, AI capital stock accumulation, and wealth disparity.

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

But while many workforce experts say the fears that ChatGPT and other artificial intelligence (AI) technologies will cause unemployment to ...

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

Most empirical studies find that AI technology will not reduce overall employment. However, it is likely to reduce the relative amount of income ...