technological unemployment
Nobel Laureate Geoffrey Hinton Warns: AI Advancements Will Increase Wealth Inequality and Job Displacement
Nov 03, 2025 01:59 pm CST
Geoffrey Hinton, Nobel Prize-winning AI pioneer, warns that artificial intelligence development is driven by corporate profit rather than safety, predicting significant job losses while benefiting the wealthy. Hinton acknowledges AI's potential benefits in healthcare and education but emphasizes that current societal structures will allow the technological revolution to increase economic inequality.
Nobel Economist Peter Howitt Warns of AI's Dual Impact on Employment and Innovation
Oct 14, 2025 07:08 am CST
Nobel Prize winner Peter Howitt cautions that artificial intelligence requires regulation despite its revolutionary potential, highlighting the economic theory of "creative destruction" where technological advancement simultaneously creates opportunities and eliminates jobs. Fellow laureates Philippe Aghion and Joel Mokyr offer complementary perspectives on how emerging technologies reshape labor markets and drive sustained economic growth.