AI Pioneers Geoffrey Hinton and Sam Altman Advocate for Universal Basic Income to Combat Automation Job Loss

May 19, 2024
AI Pioneers Geoffrey Hinton and Sam Altman Advocate for Universal Basic Income to Combat Automation Job Loss
  • Renowned AI expert Geoffrey Hinton, known as the 'Godfather of AI,' is advising the UK government on adopting universal basic income (UBI) to address job loss from AI automation.

  • Hinton warns that advanced AI could pose an existential threat within the next five to twenty years and emphasizes the importance of cautious AI development.

  • Hinton believes that AI taking over mundane jobs is a real concern.

  • OpenAI co-founder Sam Altman, CEO of Worldcoin, is also advocating for UBI to offset the economic impact of automation.

  • Altman is exploring 'universal basic compute,' where future large language models like GPT-7 would be distributed to individuals to redistribute wealth and empower them.

  • Both Hinton and Altman stress the need for careful development of AI systems to benefit society and predict the possibility of AI takeover within the next five to twenty years.

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