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How AI could increase the gap between rich and poor

Google's emphasis on ethics in AI deployment serves as an example of how companies can attempt to mitigate the potential negative consequences of AI. However, scepticism may persist, questioning whether such efforts are truly altruistic or merely a means of maintaining corporate interests.

As AI continues to advance, policymakers, businesses, and society as a whole must proactively prepare for its impact.

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AI is not just impacting low-skilled positions; it is gradually affecting highly paid roles as well. The capabilities of large language models, such as ChatGPT, extend beyond simple language generation. They can be integrated into various business tools, like Google Workspace's Duet AI and Microsoft's Copilot, to enhance productivity and decision-making. For instance, AI can redraft emails with specific tones, generate documents based on given prompts, or provide suggested replies to complex conversations.

As AI technologies continue to improve, businesses across all sectors are likely to experience varying degrees of disruption. Industries, such as education and consultancy, which rely heavily on human interactions and complex decision-making, may be more resistant to AI-driven disruptions compared with others. However, no industry is completely immune to the impact of AI.

As AI technologies become more accessible, businesses that embrace these tools with enthusiasm are likely to experience exponential growth and success. This may result in a notable divide between AI-boosted businesses and those that are slow to adopt the technology. The early adopters may accelerate ahead of their competitors, leading to a hierarchical structure in the business landscape.

For instance, large corporations with substantial resources may have the means to invest heavily in AI integration, allowing them to enhance efficiency, productivity, and customer experiences. In contrast, smaller businesses with limited scale and resources may struggle to keep up, risking being left behind in the race for market dominance.

While AI-powered tools can exponentially increase output, there is a concern about the potential decline in content quality. The ease of generating large volumes of content might lead to a flood of generic, unremarkable, and impersonal materials, referred to as "landfill content." This could diminish the value of genuine human interaction and authentic, empathetic content, leading to a demand for more personalized and relatable human-generated content.

Furthermore, the growing reliance on AI-generated content might pose ethical questions, as consumers may find it challenging to distinguish between content created by humans and content created by machines. This calls for a careful balance between the quantity and quality of content to ensure that AI complements human creativity rather than replacing it entirely.