The "digital dividend": Rethinking income for the age of AI
Briefly

The AI revolution's rapid advancement presents challenges not seen in previous technological shifts. Estimated long-term AI investments may boost the global economy by $4.4 trillion, raising concerns about who truly benefits. There is a risk that wealth from AI will accumulate among a few, worsening economic inequality. Predictions indicate the potential for 300 million job losses. While AI can revolutionize productivity and solve critical global issues, unchecked development could result in a dystopian future where AI displaces human decision-making.
The AI revolution is different from past technological advancements, as its rapid pace has left many feeling unprepared and concerned about the potential for displacement.
While AI investment could add $4.4 trillion to the global economy, if the wealth benefits only shareholders, it could exacerbate economic inequality.
The shift caused by AI could lead to the elimination of nearly 300 million jobs, posing a significant risk of societal upheaval and economic disparity.
AI could provide extraordinary benefits, such as enhancing productivity and addressing global issues, but without safeguards, the consequences could be severe for humanity's role.
Read at Big Think
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