Geoffrey Hinton, “Godfather of AI” warns of economic and social impact

Share post:

Geoffrey Hinton, often regarded as the ‘godfather of AI’ for his pioneering work in neural networks, has voiced significant concerns about the impact of artificial intelligence on the job market. In a recent discussion with the BBC, Hinton expressed his worries about AI’s potential to automate “lots of mundane jobs,” which could have profound effects on employment and societal structure.

To address these concerns, Hinton advised the British government to consider implementing a universal basic income (UBI). UBI involves providing a recurring cash payment to all adults within a population, regardless of their income or employment status, to help mitigate the economic disruption caused by AI. This policy recommendation reflects Hinton’s belief that while AI will increase productivity and generate wealth, it could also exacerbate income inequality and economic disparity without governmental intervention.

Hinton’s recommendation comes at a time when the concept of UBI is gaining traction globally, with experiments underway in various countries and regions, including South Africa, Kenya, India, and several cities in the United States. These initiatives are exploring UBI’s potential to alleviate poverty and provide financial stability in the face of increasing automation.

In his interview, Hinton underscored the urgent need for a cautious approach to AI development, citing the potential for AI to become an “extinction-level threat” to humans within the next two to three decades. His views add a critical dimension to the ongoing debate on how society should navigate the challenges and opportunities presented by advanced AI technologies.

SUBSCRIBE NOW

Related articles

Microsoft Ends Support for Office 365 Apps on Windows 10: Hashtag Trending for Friday, January 17, 2025

Microsoft announces they won’t support  Office 365 on Windows 10, D-Wave achieves a quantum computing milestone, TikTok prepares...

Hackers Mount High Speed Microsoft 365 Attack: Cyber Security Today – January 17, 2025

Hackers exploit a high-speed Go library to target Microsoft 365 accounts worldwide, North Korea’s Lazarus group lures developers...

North Korean Job Scam Targeting IT Job Seekers

North Korea’s Lazarus advanced persistent threat (APT) group has launched a sophisticated campaign, “Operation 99,” targeting freelance software...

Hackers Exploit FastHTTP in High-Speed Microsoft 365 Attacks

Threat actors are employing the FastHTTP Go library to launch high-speed brute-force password attacks on Microsoft 365 accounts...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways