‘Godfather of AI’ says the expertise will create huge unemployment and ship earnings hovering — ‘that’s the capitalist system’

Laptop scientist and Nobel laureate Geoffrey Hinton predicted synthetic intelligence will spark a surge in unemployment and earnings as firms exchange staff with AI. But it surely’s not the expertise’s fault, he instructed the Monetary Occasions, attributing it as an alternative to capitalism. Whereas layoffs haven’t spiked, proof is mounting that AI is shrinking alternatives on the entry degree.