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Will AI Drive Wealth Inequality and Undermine American Capitalism?

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Will AI Drive Wealth Inequality and Undermine American Capitalism?

Artificial Intelligence has a lot of good sides, but the bad sides are glaring.

Michael Spencer
Aug 10, 2021
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Will AI Drive Wealth Inequality and Undermine American Capitalism?

aisupremacy.substack.com

BigTech would prefer we not know much about it, but AI has and will, especially in future decades, accelerate wealth inequality. This is a complicated topic but works since AI is disruptive. It puts power in the hands of the few.

The impacts of automation fueled by AI, RPA and algorithms are also not yet well understood. According to a new academic resea…

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