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Will AI Create Billionaires and Push the Rest into Poverty? Geoffrey Hinton’s Stark Warning

By Nishant Richhariya
Published On: September 7, 2025
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Illustration of AI creating wealth for a few while leaving most people behind, symbolising inequality.
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London, September 6, 2025 | Reading Time: 4 Minutes

Why Hinton Thinks AI Could Widen the Wealth Gap

Speaking at a recent global technology forum, Hinton said the current AI race is being dominated by a handful of tech giants. These companies, already holding vast resources and data, will be the ones to capture most of the profits.
According to him, the danger is not just job loss, but the concentration of wealth and power in the hands of very few.

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“AI is not going to distribute benefits evenly,” Hinton remarked. “It will enrich those who control it, but it risks pushing everyone else to the margins.”

What Happens to Ordinary Workers?

Hinton pointed out that automation has always replaced some jobs, but AI is different. Instead of only handling repetitive tasks, it is now advancing into creative, analytical, and decision-making roles. From coders to call centre staff, journalists to legal assistants — many sectors are already feeling the pressure.

This, he warned, could leave millions scrambling for lower-paying jobs, while productivity gains would flow upwards to corporate boardrooms.

The Silent Struggle Between Innovation and Inequality

Hinton’s concern echoes what many economists have begun stressing: AI will boost efficiency, but its rewards won’t automatically reach the wider population.
Unless governments step in with stronger regulations, taxation, and wealth redistribution mechanisms, the divide between the ultra-rich and ordinary workers could grow even sharper.

Some experts suggest ideas like universal basic income (UBI) or heavy taxation on AI-driven profits to balance the scales. But whether political systems will act fast enough remains uncertain.

Geoffrey Hinton Warns: Could AI Still Be a Force for Good?

Despite his stark warning, Hinton is not dismissing AI entirely. He believes AI could revolutionise medicine, climate research, and education. However, he insists that without fair policies and ethical safeguards, the same technology could deepen global inequalities.

The question he leaves us with is simple but powerful: will AI shape a fairer future, or a more divided one?

Salesforce office layoffs with employees leaving as AI technology takes over their roles.Salesforce office layoffs with employees leaving as AI technology takes over their roles.

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Author

Nishant Richhariya

Hi Readers, I am Nishant. With over 12 years of experience in the corporate world managing administrative operations, I’ve successfully pivoted my career toward the digital frontier. I now specialize in content creation and AI-driven media publishing. As the founder of AIWorldSpace.com, I cover the latest trends in artificial intelligence—bringing insightful news, tool reviews, tutorials, and career-centric AI content tailored for students, professionals, and tech enthusiasts.

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