Earlier this year, Geoffrey Hinton, dubbed the "Godfather of AI," highlighted the severe wealth disparity that AI developments could generate.

"We're talking about having a huge increase in productivity. So there's going to be more goods and services for everybody. So everybody ought to be better off, but actually it's going to be the other way around," Hinton stated during a panel discussion. "And it's because we live in a capitalist society."

"And so what's going to happen is: this huge increase in productivity is going to make much more money for the big companies and the rich, and it's going to increase the gap between the rich and the people who lose their jobs. And as soon as you increase that gap, you get fertile ground for fascism," he continued. "And so it's very scary that we may be at a point where we're just making things worse and worse."

This seems spot-on to me. All you downvoters obviously didn't read the article.