Stephen Hawking – Capital is a bigger threat than Robots
Hawking didn’t discount the notion that machines may replace us. But he said whether this is good or bad depends on how the wealth produced by machines is distributed. That is, Hawking is more concerned about capitalism than he is about robots. He wrote:
…Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.
We could be headed toward a work-free utopia where machine-produced goods and services are cheap and plentiful for all. Or, as Hawking suggests, the coming robot age will just exaggerate the income inequality that’s rampant across the globe. (Hawking is generally ambivalent on the advent of artificial intelligence. “We are facing potentially the best or worst thing to happen to humanity in history,” he has said.) [Hawking]