How will artificial intelligence affect wealth equality?
Tuesday, March 11, 2025 - 06:24
in Mathematics & Economics
How will artificial intelligence affect the distribution of income and wealth this century? After falling through much of the 20th century, income inequality, measured as the fraction of income going to the richest 1% of residents, has been rising since the 1980s. The fraction has doubled in both China and the United States during that time, increased by 50% in Europe and one-third worldwide.