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'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'

AI,Unemployment,Technology

From the Center

Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of AI,” said artificial intelligence will spark a surge in unemployment and profits. In a wide-ranging interview with the Financial Times, the former Google scientist cleared the air about why he left the tech giant, raised alarms on potential threats from AI, and revealed how he uses the technology. But he also predicted who the winners and losers will be. “What’s actually going to happen is rich people are going to use AI...

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