Artificial Intelligence Threatens to Increase Knowledge Inequality
As AI technology and wealth become increasingly concentrated in the hands of a few companies and individuals, there is a growing concern of a new form of "digital feudalism" emerging, leading to widening inequality, economic struggles for small firms, political risks to democracy, social unemployment due to automation, and the entrenchment of inequalities between countries through data colonization, requiring policy interventions to prioritize equity and mitigate the harms.