What's Hot

    AI increase echoes 1997 Asian monetary disaster: SocGen's Albert Edwards | Invesloan.com

    October 11, 2026

    Dre Greenlaw hits Sam Darnold alongside Seahawks bench, then chaos and ejection observe with extra to return from NFL | Invesloan.com

    October 11, 2026

    Mirum Pharmaceuticals to report Livmarli trial outcomes Monday (MIRM:NASDAQ) | Invesloan.com

    October 11, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » Geoffrey Hinton Warns AI Will Cause Mass Unemployment and Inequality | Invesloan.com
    Money

    Geoffrey Hinton Warns AI Will Cause Mass Unemployment and Inequality | Invesloan.com

    September 8, 2025Updated:September 8, 2025
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Geoffrey Hinton helped invent the technology behind ChatGPT. Now he’s warning it could destroy the very jobs it was meant to enhance.

    “What’s actually going to happen is rich people are going to use AI to replace workers,” Hinton, who is often referred to as the “Godfather of AI,” told the Financial Times last Friday.

    “It’s going to create massive unemployment and a huge rise in profits. It will make a few people much richer and most people poorer.”

    Hinton, who won the Nobel Prize for his pioneering work on neural networks and spent a decade at Google before leaving in 2023, said the disruption is less about the technology itself than the system it operates within.

    “That’s not AI’s fault,” he said, instead blaming the “capitalist system.”

    The 77-year-old researcher also dismissed ideas like a universal basic income as a solution, arguing that a cash stipend won’t address the loss of dignity people derive from their jobs.

    Universal basic income “won’t deal with human dignity,” he said, adding that people get their worth from their jobs.

    Not everyone is so pessimistic

    Not all tech leaders share Hinton’s bleak view on the future.

    Related stories

    Business Insider tells the innovative stories you want to know

    Business Insider tells the innovative stories you want to know

    OpenAI CEO Sam Altman has long pitched a universal basic income as a cushion against job losses, even funding one of the largest UBI trials in the US.

    Elon Musk has echoed those calls, telling an audience at VivaTech last year that in a benign AI future, “probably none of us will have a job” — but universal income could let humans pursue meaning while machines handle work.

    Investor Vinod Khosla has gone further, predicting AI will perform 80% of the work in 80% of jobs. That, he argues, will slash the value of human labor and make UBI “crucial” to prevent a surge in inequality.

    Anthropic CEO Dario Amodei, meanwhile, has called UBI just “a small part” of the solution, warning that society will need to invent entirely new systems to manage the shift.

    Hinton isn’t convinced. While he’s previously advised the UK government to explore UBI, he now says cash payments won’t replace the sense of dignity people derive from their work.

    Having lost two wives to cancer, he still hopes AI delivers breakthroughs in healthcare and education.

    But beyond that, he believes the technology is more likely to erode livelihoods than uplift them.

    “We are at a point in history where something amazing is happening, he said, “and it may be amazingly good, and it may be amazingly bad.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    ‘SNL’ Takes Aim at Kevin O’Leary and His Utah Data Center | Invesloan.com

    Alexandr Wang Wants to Make Meta ‘Cool Again’ With Memes | Invesloan.com

    We Didn’t Force Music Lessons on Our Kids, Now They Want to Play | Invesloan.com

    Inside America’s Only Internet Sea Cable Maker | Invesloan.com

    I Grew up in Co-Housing. Our Neighbors Became Our Extended Family. | Invesloan.com

    My Friends Love Using AI, however I Refuse; I Feel a Lot of Peer Pressure | Invesloan.com

    Personal AI Agents Threaten Companies Profiting From Consumer Inertia | Invesloan.com

    Retail Holiday Hiring Shaping as much as Be Worse Than Last Year | Invesloan.com

    Meta’s Muse Jolly Mascot and Other Agents Charm AI Users With Cuteness | Invesloan.com

    LATEST NEWS

    AI increase echoes 1997 Asian monetary disaster: SocGen's Albert Edwards | Invesloan.com

    October 11, 2026

    Dre Greenlaw hits Sam Darnold alongside Seahawks bench, then chaos and ejection observe with extra to return from NFL | Invesloan.com

    October 11, 2026

    Mirum Pharmaceuticals to report Livmarli trial outcomes Monday (MIRM:NASDAQ) | Invesloan.com

    October 11, 2026

    Pro-Palestinian activists reject the two-state answer at protests | Invesloan.com

    October 11, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}