Monday, 17 August, 2026
Broken Economic Engine: AI Godfather Agrees Job Losses Are Coming, But Warns Who Will Buy the Products?
By TechShots Studio
Nobel laureate Geoffrey Hinton agrees with tech billionaires like Elon Musk that AI will cause massive labor automation and widespread unemployment. However, the "Godfather of AI" warns of a glaring economic oversight: as tech firms spend billions replacing human workers to cut costs, they risk destroying the consumer base needed to buy their goods.
Read full story at TIMES OF INDIA