AI and labour implications, not great

The benefits of AI-driven automation often favour capital over labour, which could widen inequality and reduce the competitive advantage of low-cost labour in developing economies.

However, the UNCTAD report also highlights inequalities between nations, with U.N. data showing that 40% of global corporate research and development spending in AI is concentrated among just 100 firms, mainly those in the U.S. and China.

First, original story is pay-walled for journalist only, so I was unable to review that. Second, no surprise that the wealthiest countries are using their capital to pursue AI. Here’s hoping humanity seizes the opportunity to improve everyone’s lives…

_{Quote Citation: Dylan Butts, “AI could affect 40% of jobs and widen inequality between nations, UN warns”, FRI, APR 4 20252:12 AM EDT, https://www.cnbc.com/2025/04/04/ai-could-affect-40percent-of-jobs-widen-inequality-between-nations-un.html}