Will AI kill the middle class?

When the developers of a new technology warn that it could destroy the most important engine of global growth of the last half century, it is time to pay attention

There are warning signs from experts, entrepreneurs and workers who fear that automation is coming to a variety of information-oriented jobs. What would normally be just another boom-bust cycle driven by computer-generated efficiency, a typewriter-to-keyboard evolution, this time threatens to overturn the fundamental social contract between employers and employees.

Unless this is taken seriously by policymakers, the modern middle class risks becoming a relic of simpler, fairer times.

said Anthropic CEO Dario Amodei during an interview with 60 minutes that artificial intelligence “could eliminate half of all entry-level white-collar jobs and increase unemployment to 10-15 percent.” His concerns are not misplaced. Early pioneer of artificial intelligence (AI) and Nobel Prize winner