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‘Godfather of AI’ says the technology will create massive unemployment and send profits soaring - ‘that is the capitalist system’

‘Godfather of AI’ says the technology will create massive unemployment and send profits soaring - ‘that is the capitalist system’
business • 9/6/2025

"We are at a point in history where something amazing is happening, and it may be amazingly good, and it may be amazingly bad."

Computer scientist and Nobel laureate Geoffrey Hinton predicted artificial intelligence will spark a surge in unemployment and profits as companies replace workers with AI. But it’s not the technology’s fault, he told the Financial Times, attributing... [4245 chars]