Computer scientist Geoffrey Hinton, often dubbed the "godfather of artificial intelligence," has advocated for implementing a universal basic income to address the potential inequality pushed by AI advancements, especially in jobs.

In a recent interview with BBC Newsnight, Professor Hinton encouraged nations to implement a system where all citizens receive a set amount of cash regularly. This would ensure that financial support is given to everyone as the risk of artificial intelligence (AI) replacing millions of jobs has increased over the years.

Additionally, based on his deep knowledge as a pioneer in neural networks, he expressed concern about the risks associated with the uncontrolled development of artificial intelligence (AI), especially in military applications. 

Specifically, he emphasized the necessity of establishing global regulations similar to the Geneva Conventions to ensure that AI technology is used ethically and by humanitarian principles amid worries that AI could potentially make lethal decisions independently.

Hinton also promoted the idea of international cooperation and stressed the importance of prioritizing safety and ethical standards in the progression of AI technology.

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AI Replacing Human Jobs

In 2016, VCPost already reported that artificial intelligence (AI) is increasingly replacing jobs as machine learning algorithms and automation systems become more sophisticated and capable of performing tasks traditionally carried out by humans. 

These tasks range from routine manual labor to complex decision-making processes, such as the case of Wall Street analysts. 

While AI offers numerous benefits, including increased productivity and innovation, its rapid adoption raises concerns about job displacement. As AI systems become more capable, many routine and repetitive jobs are at risk of being automated, potentially leading to unemployment and economic disruption for workers who rely on these jobs.

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