Ex-UBS Chairman Weber Warns AI Ushering In New Era of Inequality

Former UBS Chairman Axel Weber has raised concerns about the potential for artificial intelligence to create a new era of inequality. He warns that while a select few may benefit significantly from advancements in AI, the majority could find themselves at a disadvantage. This issue is crucial as it highlights the need for equitable technology adoption to ensure that the benefits of AI are shared broadly, rather than concentrated in the hands of a wealthy elite.