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AI-based automation increases income inequality

A Survey of the Potential Long-term Impacts of AI: How AI Could Lead to Long-term Changes in Science, Cooperation, Power, Epistemics and Values

Sub-category
Risk Domain

Social and economic inequalities caused by widespread use of AI, such as by automating jobs, reducing the quality of employment, or producing exploitative dependencies between workers and their employers.

"It seems quite plausible that progress in reinforcement learning and language models specifically could make it possible to automate a large amount of manual labour and knowledge work respectively [35, 45, 69], leading to widespread unemployment, and the wages for many remaining jobs being driven down by increased supply."(p. 5)

Part of Increased power concentration and inequality

Other risks from Clarke2023 (19)