#redistribution-policy

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World politics
fromFortune
1 day ago

Ray Dalio calls for 'redistribution policy' when AI and humanoid robots start to benefit the top 1% to 10% more than everyone else | Fortune

Advanced AI and humanoid robots could concentrate wealth among the top 1–10%, requiring comprehensive redistribution policies to address deepening inequality.
fromBusiness Insider
1 day ago

Ray Dalio says AI comes with a big downside: creating a 'bunch of losers'

In an episode of "The Diary of the CEO" podcast released on Thursday, the Bridgewater Associates founder called AI a "truly fantastic" tool to leverage, but one that will drive inequality. "There'll be a limited number of winners and a bunch of losers," he said. "It's going to create much greater polarity, which we're seeing through the system." It will lead to "the top one to 10% benefitting a lot. So that will be the dividing force," the billionaire added.
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