Page 12 - Technological Advances News Today : Breaking News, Live Updates & Top Stories | Vimarsana

With the potential to increase productivity and free us from mundane tasks, experts question whether AI will become a tool for economic equality or will concentrate wealth and benefits among a select few. Historically, technological advancements have had both positive and negative outcomes. Stakeholders must balance the benefits of AI with caution to avoid negative impacts on labor productivity, workers' rights and well-being. Worker power and collective bargaining are crucial factors in shaping AI's effect on employment and labor rights.

If medieval advances in the plough didn't lift Europe's peasants out of poverty, it was largely because their rulers took the wealth generated by the new gains in output and used it to build cathedrals instead. Economists say something similar could happen with artificial intelligence (AI) if it enters our lives in such a way that the touted benefits are enjoyed by the few rather than the many. "AI has got a lot of potential - but potential to go either way," argues Simon Johnson, professor of global economics and management at MIT Sloan School of Management.

A recent call to repeal the Second Amendment got it all wrong about firearms and militias, says this letter writer. | Opinion

/PRNewswire/ -- The "Steel Scrap: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Steel...

The "Steel Scrap: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.