AI Efficiency Comes at a Cost: Consolidating Wealth and Jeopardizing Jobs
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AI promises efficiency gains but history shows technology revolutions enable consolidation of wealth and power, not broader prosperity.
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Corporations aim to maximize profits, not enable human flourishing, so will use AI to cut costs rather than empower workers.
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AI could make many jobs redundant, leading to reduced hours and pay rather than more creativity.
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AI's ruthless efficiency focus may eventually threaten even its developers and champions.
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Self-preservation may force AI developers to moderate their approach, providing some hope.