Close Menu
clearpathinsight.org
  • AI Studies
  • AI in Biz
  • AI in Tech
  • AI in Health
  • Supply AI
    • Smart Chain
    • Track AI
    • Chain Risk
  • More
    • AI Logistics
    • AI Updates
    • AI Startups

UAE startup Tandia attracts VC investment in AI-driven data monetization product

February 23, 2026

Trust ANC obtains patent for “AI Building” automation system

February 23, 2026

SK Networks invests more in AI startup Upstage

February 23, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
clearpathinsight.org
Subscribe
  • AI Studies
  • AI in Biz
  • AI in Tech
  • AI in Health
  • Supply AI
    • Smart Chain
    • Track AI
    • Chain Risk
  • More
    • AI Logistics
    • AI Updates
    • AI Startups
clearpathinsight.org
Home»AI in Technology»The ‘godfather of AI’ says technology will create massive unemployment and drive up profits – ‘that’s the capitalist system’
AI in Technology

The ‘godfather of AI’ says technology will create massive unemployment and drive up profits – ‘that’s the capitalist system’

January 14, 2026004 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email Telegram WhatsApp
Follow Us
Google News Flipboard
38b07c46540077261c63776e42db92f0.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Pioneering computer scientist Geoffrey Hinton, whose work earned him a Nobel Prize and the nickname “godfather of AI,” said artificial intelligence would trigger increases in unemployment and profits.

In a wide range interview with the Financial Times last year, the old Google The scientist clarified his reasons for leaving the tech giant, raised the alarm about potential AI threats and revealed how he uses the technology. But he also predicted who the winners and losers would be.

“What’s really going to happen is the rich are going to use AI to replace workers,” Hinton said in September. “This will create massive unemployment and a huge increase in profits. It will make some people much richer and most people poorer. It’s not the fault of AI, it’s the capitalist system.”

This echoed comments he made to Fortune in August 2025, when he declared AI companies care more about short-term profits as the long-term consequences of technology.

Layoffs have not increased, but there is growing evidence that AI is reducing opportunities, particularly in the telecommunications sector. entry level where recent college graduates begin their careers.

A survey conducted at the time by the New York Fed found that companies using AI were much more likely to retrain their employees than fire themalthough layoffs are expected to increase in the coming months.

Hinton said earlier health is the only sector that will be safe potential jobs armageddon.

“If we could make doctors five times more efficient, we could all get five times more health care for the same price,” he said. explain on the Diary of a CEO YouTube series in June 2025. “There is almost no limit to the amount of health care people can absorb: (patients) always want more health care if it has no cost. »

Hinton nevertheless believes that jobs that perform mundane tasks will be taken over by AI, while sparing some jobs that require a high level of skills.

In his interview with the FThe also rejected OpenAI CEO Sam Altman’s idea of ​​providing a universal basic income as AI disrupts the economy and reduces demand for workers, saying it “won’t address human dignity” and the value people get from work.

Hinton has long warned of the dangers of AI lacking safeguards, believing 10% to 20% chance of technology wiping out humans after the development of superintelligence.

According to him, the dangers of AI fall into two categories: the risk that the technology itself poses to the future of humanity and the consequences of the manipulation of AI by people with ill intentions.

In his FT In that interview, he warned that AI could help someone build a bioweapon and lamented the Trump administration’s reluctance to regulate AI more closely as China takes the threat more seriously. But he also recognized the positive potential of AI amid its immense possibilities and uncertainties.

“We don’t know what’s going to happen, we have no idea, and the people who tell you what’s going to happen are just stupid,” Hinton said. “We’re at a moment in history where something incredible is happening, and it may be incredibly good, or it may be incredibly bad. We can make guesses, but things are not going to stay the way they are.”

During this time, he told the FT how he uses AI in his own life, saying OpenAI’s ChatGPT is his product of choice. Although he primarily uses the chatbot for his research, Hinton revealed that a former girlfriend used ChatGPT “to tell me what a rat I was” during their breakup.

“She asked the chatbot to explain how horrible my behavior was and she gave it to me. I didn’t think I had been a rat, so it didn’t hurt too much… I met someone I liked more, you know how that goes,” he joked.

Hinton also explained why he left Google in 2023. While media reports said he resigned so he could speak more freely about the dangers of AI, the Nobel laureate denied that was the reason.

“I left because I was 75, I couldn’t program as well as I used to, and there’s a lot of stuff on Netflix I didn’t get a chance to watch,” he said. “I worked really hard for 55 years and I felt it was time to retire. . . And I thought since I’m leaving anyway, I could talk about the risks.

A previous version of this story was originally published on Fortune.com on September 6, 2025.

This story was originally featured on Fortune.com

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

Related Posts

BofA’s struggles with AI adoption reflect broader problem in banking

February 23, 2026

BBCUrgent research needed to combat AI threats, says Google AI boss. But the head of the American delegation to the AI ​​Impact Summit in Delhi says: "We totally reject global AI governance."0.2 days ago

February 23, 2026

The AI ​​Alarm Cycle: Much Talk, Little Action | Science and technology

February 23, 2026
Add A Comment
Leave A Reply Cancel Reply

Categories
  • AI Applications & Case Studies (70)
  • AI in Business (402)
  • AI in Healthcare (314)
  • AI in Technology (394)
  • AI Logistics (52)
  • AI Research Updates (131)
  • AI Startups & Investments (325)
  • Chain Risk (88)
  • Smart Chain (116)
  • Supply AI (105)
  • Track AI (70)

UAE startup Tandia attracts VC investment in AI-driven data monetization product

February 23, 2026

Trust ANC obtains patent for “AI Building” automation system

February 23, 2026

SK Networks invests more in AI startup Upstage

February 23, 2026

AI in healthcare has evolved faster than expected

February 23, 2026

Subscribe to Updates

Get the latest news from clearpathinsight.

Topics
  • AI Applications & Case Studies (70)
  • AI in Business (402)
  • AI in Healthcare (314)
  • AI in Technology (394)
  • AI Logistics (52)
  • AI Research Updates (131)
  • AI Startups & Investments (325)
  • Chain Risk (88)
  • Smart Chain (116)
  • Supply AI (105)
  • Track AI (70)
Join us

Subscribe to Updates

Get the latest news from clearpathinsight.

We are social
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Reddit
  • Telegram
  • WhatsApp
Facebook X (Twitter) Instagram Pinterest
© 2026 Designed by clearpathinsight

Type above and press Enter to search. Press Esc to cancel.