– Geoffrey Hinton is concerned about AI taking away jobs and believes universal basic income is a solution.
– Universal basic income is a recurring cash payment made to all adults regardless of wealth or employment status.
– AI researchers like Hinton and industry leaders are advocating for universal basic income to mitigate the economic impact of AI.
Geoffrey Hinton, known as the AI godfather for his work pioneering neural networks, is concerned about AI taking over mundane jobs. He suggests that universal basic income could be a solution to this issue and has advised government officials on the benefits of implementing such a system.
Universal basic income is a recurring cash payment made to all adults in a certain population, regardless of their wealth or employment status. This concept has been gaining attention among AI researchers, futurists, and industry leaders as a way to counteract the economic impact of AI. Countries like South Africa, Kenya, and India are exploring this idea as a means to address poverty.
Hinton believes that AI will increase productivity and generate wealth but without government intervention, it may lead to more inequality between the rich and the jobless. He emphasizes the need for caution in AI development and warns that in the next few decades, AI could pose a serious threat to humanity.
Other proponents of aggressive AI development, like OpenAI CEO Sam Altman, also support the idea of recurring payments to redistribute wealth. Altman is conducting experiments on universal basic income and has suggested the concept of a “universal basic compute,” where people receive access to powerful AI models instead of cash for various purposes.