Image: BBC Geoffrey Hinton dubbed the AI godfather, cautioned the world about the possibility of AI eating many jobs, mooting the idea of universal basic income for people.
In an interview with BBC Newsnight, he said, “AI can be taking lots of mundane jobs.” He advocated giving a fixed amount of cash in hand to people to ease the adversities.
According to Hinton, AI will stimulate productivity enhancement and wealth generation. The downside would be unless the government intervenes, the rich would get richer, pooling in hoards of money. On the other hand, the common citizens would be facing job losses […]
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