GAO: AI Could Improve Economics But Widen Inequality
Artificial Intelligence (AI) could greatly improve human life and economic competitiveness, but it also has the potential to widen socioeconomic inequality by displacing workers, said a GAO report delivered Wednesday to the House Technology Committee by U.S. Comptroller General Gene…
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Dodaro. The report summary to Committee Chairman Lamar Smith, R-Texas, and ranking member Eddie Bernice Johnson, D-Texas, details findings from a July AI forum in Washington. Participants included industry, government, academic and nonprofit officials. Among the challenges of AI are: corruption caused by hacking, inability of legislation to keep pace with technology, lack of computing and human resources and a lack of ethical framework for AI. The report said AI systems can benefit cybersecurity efforts, automated transportation, law enforcement and the financial sector.