Sat, March 1, 2025
Fri, February 28, 2025
Sun, February 23, 2025
Sat, February 22, 2025
Fri, February 21, 2025
[ Fri, Feb 21st ] - Wired
The Ozempic Shortage Is Over
Thu, February 20, 2025
Wed, February 19, 2025
Tue, February 18, 2025
[ Tue, Feb 18th ] - Politico
Culling the AI workforce
Mon, February 17, 2025
Sun, February 16, 2025
[ Sun, Feb 16th ] - LAist
Trump eyes NOAA
Sat, February 15, 2025
Fri, February 14, 2025
Thu, February 13, 2025
Wed, February 12, 2025

AI could widen the wealth gap, experts say


//science-technology.news-articles.net/content/2 .. 8/ai-could-widen-the-wealth-gap-experts-say.html
Published in Science and Technology on Tuesday, February 18th 2025 at 9:42 GMT by MSN   Print publication without navigation

  • If left unchecked, corporations driven by profit incentives may develop AI in ways that concentrate wealth and power at the top. However, Isenberg believes that if governments can

The article from MSN discusses the potential of artificial intelligence (AI) to exacerbate the wealth gap, as highlighted by various experts. AI technologies, while promising efficiency and innovation, could disproportionately benefit those who already have access to resources, education, and capital. Experts like Daron Acemoglu from MIT suggest that AI might automate jobs traditionally held by middle and lower-income workers, potentially leading to job displacement without equivalent opportunities for retraining or upskilling. This automation could lead to wealth concentration among AI developers, tech companies, and investors. Furthermore, the article points out that AI systems might perpetuate existing biases if not carefully managed, affecting marginalized communities more adversely. There's also a discussion on how AI could be used to enhance productivity in high-income sectors, further widening the economic divide. However, some experts argue that with proper policy interventions, AI could also be directed towards creating more inclusive economic growth, though this requires proactive measures from governments and corporations.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/ai-could-widen-the-wealth-gap-experts-say/ar-AA1zhNMd ]

Publication Contributing Sources