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In FT Interview, Geoffrey Hinton Warns AI Will Drive Job Losses, Concentrate Wealth and Enable Dangerous Misuse

The Nobel laureate uses the platform to link AI’s downsides to profit incentives in capitalism.

Overview

  • Hinton says wealthy interests will deploy AI to replace workers, producing massive unemployment and soaring profits that make a few richer and most people poorer, and he argues universal basic income would not address the loss of dignity from work.
  • He cautions that AI could soon help ordinary people design bioweapons and invokes an analogy of an average person being able to make a nuclear bomb.
  • Reiterating earlier estimates, Hinton puts the chance of human extinction from future superintelligent systems at roughly 10% to 20% and asserts current models display real understanding that could become uncontrollable.
  • He frames the core harm as a feature of the capitalist system rather than of AI itself and says he left Google in 2023 to retire before choosing to speak more openly about risks.
  • Contextual data show AI’s broad labor impact remains limited so far with sharper effects on entry-level roles and signs of slowing adoption among some large firms, even as Hinton himself uses ChatGPT and recounts a chatbot-written breakup note as a sign of AI’s reach.