Can AI make our societies more equal?

WILL AI ENABLE social disparities to become narrower or will it spur more divide in the society is an important question being debated by economists and sociologists.

- UMA GANESH

The general consensus pundits are veering towards is that AI is unleashing significant generational change, the extent of which has not been experienced in recent times. The big impact is going to be in the realm of jobs.

There would be displacement of jobs that are routine and repetitive in nature and involve low skills. Low skills and low income have traditionally been observed to go hand in hand. Nations or corporations taking the lead in AI investments would realise benefits as early movers but this could be fuelling inequality across nations. Benefits from such initiatives are likely to get concentrated in the hands of a few entities and countries, dominating the rest of the world.