Geoffrey Hinton, a pioneer in artificial intelligence (AI) research, believes that the rapid advancement of AI technology will necessitate the implementation of a universal basic income (UBI) by 2024. Hinton, often referred to as the “Godfather of AI,” warns that AI systems will soon surpass human capabilities in many domains, leading to widespread job displacement. He argues that a UBI will be crucial to support individuals whose jobs are rendered obsolete by AI. Hinton’s prediction is based on the exponential progress in AI, particularly in areas like natural language processing and computer vision. As AI systems become more capable, they will automate an increasing number of tasks, disrupting various industries and professions. While acknowledging the potential benefits of AI, Hinton emphasizes the need for proactive measures to mitigate the societal impact of job losses. A UBI could provide a safety net and ensure a basic standard of living for those affected by AI-driven automation. Hinton’s influential voice in the AI community lends weight to the growing calls for addressing the economic consequences of technological advancements.
Source: https://www.businessinsider.com/ai-godfather-geoffrey-hinton-universal-basic-income-2024-5