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ai (3)
economics (3)
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impact-on-labor (3)
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The first company or companies to develop AGI could gain control over a majority of economic activity
12 opinions
Geoffrey Hinton
votes For
and says:
I think the people who run the big tech companies — the very high up people, not all of them, but a lot of them — think we are going to get to AGI. Whoever gets there first is going to have immense power and be able to make immense profits by replaci...
more Unverifiable source (2026) -
Governments should tax capital, not labor, as AI makes human work less central to the economy
39 opinions
Geoffrey Hinton
votes For
and says:
We somehow have to have a way of — when AI agents replace people — doing what Bill Gates has suggested recently. We have to have a way of taxing the AI agents, so there's still a tax base.
Unverifiable source (2026) -
Geoffrey Hinton
votes Against
and says:
What’s actually going to happen is rich people are going to use AI to replace workers [...] It’s going to create massive unemployment and a huge rise in profits. It will make a few people much richer and most people poorer. That’s not AI’s fault, tha...
more AI Verified source (Sep 5, 2025) 1 of 3