Author and futurist Martin Ford has warned AI adoption will not only result in job losses but economic equality.
Speaking about advances in technologies across Southeast Asia, Ford said:
"One main danger of advanced technology adoption across Southeast Asia is economic inequality and perhaps unemployment or underemployment for some groups of workers. The implications of advancing automation technology is that capital captures more income relative to labor. This means that a few very wealthy people who already own a lot of capital are likely to become even richer, while average workers who own nothing but the value of their own labor […]
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