The valley is getting wider and deeper

Artificial Intelligence technology is reconfiguring the balance of power between capital and labor, accelerating the widening of social inequality we have witnessed during the past two decades. The proverbial valley is getting wider and deeper. Social inequality of this magnitude is a stress to political cohesion as it gives a few people much influence over governments and leaves many more without any. Governments that care about inequalities and cohesion need to reinstall many of the substantive redistribution programs that vanished in the last century. In this respect, arguably AI ethics can become more robust when foregrounding issues of wealth redistribution.

You can read the full piece here.