Inequality of wealth
Because a single human actor controlling an artificially intelligent agent will be able to harness greater power than a single human actor, this may create inequalities of wealth
ENTITY
1 - Human
INTENT
1 - Intentional
TIMING
2 - Post-deployment
Risk ID
mit114
Domain lineage
6. Socioeconomic and Environmental
6.2 > Increased inequality and decline in employment quality
Mitigation strategy
1. Predistributive Economic Policy and Capital Access: Implement proactive economic policies focused on "predistribution" to broaden access to the income-generating resources of the AI economy, specifically by investing in productive capital (e.g., accessible AI tools and computing infrastructure) and human capital (e.g., technical upskilling) to diffuse the power of AI beyond a single actor. 2. Progressive Fiscal and Wealth Redistribution Mechanisms: Institute progressive taxation, particularly on capital returns and extreme wealth accumulated via AI-driven productivity gains, to fund comprehensive social safety nets, universal basic income considerations, and extensive worker reskilling initiatives, thereby mitigating the resultant wealth concentration. 3. Mandate Inclusive AI Governance and Development: Establish stringent regulatory and ethical governance frameworks that require developers to ensure AI systems are trained on diverse datasets and targeted toward measurable societal challenges (Prosocial AI), and promote international collaboration to ensure low- and middle-income countries have the infrastructure and skilled workforce to harness AI benefits, preventing global inequality.