The following passages from a Wall Street Journal article showcase some of the rising concerns within Silicon Valley regarding AI-driven dispersion. Even if these perspectives seem overly alarmist, they highlight the genuine risk of substantially greater inequality—across income, wealth, AND opportunity—if we do not effectively manage this era of historic transformation (something that is certainly achievable).

As noted by the Journal:

“Silicon Valley is filled with all sorts of dreams. But one of those wild-eyed ideas, long debated on subreddits and in hacker houses, is becoming a real-life nightmare…

The argument is that tech companies (and their leaders) will become a class unto their own with infinite wealth. No one else will have the means to generate money for themselves because AI will have taken their jobs and opportunities.”

#economy #ai #inequality #dispersion

@WSJ