š¤ āGodfather of AIā Warns of Mass Unemployment ā What It Means for Crypto
Geoffrey Hinton, the āGodfather of AI,ā says Bill Gates and Elon Musk are right about AIās impact on the future of work ā but warns that mass unemployment is likely coming as corporations deploy AI to replace jobs.
ā” AI could replace both routine and intellectual work, not just manual jobs.
š° Hinton predicts huge profit concentration while many workers may lose income.
š Companies may prioritize short-term gains over societal impact.
š” Why This Matters for Crypto
With AI potentially displacing traditional jobs, crypto adoption and digital assets could rise:
Stablecoins and asset-backed tokens like PAXG may offer financial security.
Decentralized platforms and AI-powered blockchain tools could create new earning opportunities.
Crypto might serve as an alternative income or hedge in an AI-driven economy.
AI-driven unemployment could accelerate interest in decentralized finance, increasing demand for gold-backed tokens and other crypto assets as safe havens.
#AI #GeoffreyHinton #Automation #FutureOfWork $PAXG
