Geoffrey Hinton, Godfather or AI... on the Future (Patreon)

How AI will displace workers

Companies (especially large ones) will use AI to automate jobs—everything from customer service to knowledge work.

This automation could remove millions of jobs, especially middle-class ones.

The owners of AI technologies (typically the wealthy and corporations) will see enormous profit increases. My thesis.

While the elite get richer, the majority may see wages stagnate, benefits shrink, or lose their jobs altogether. This is already happening now.

Capitalism, not AI, is the issue. Hinton isn’t blaming AI itself. Instead, he’s blaming the economic system (capitalism), which incentivizes minimizing costs and maximizing profits—even at the expense of social welfare.