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Fortune
Fortune
Technology
Jason Ma

‘Godfather of AI’ says tech giants can’t profit from their astronomical investments unless human labor is replaced

(Credit: Ramsey Cardy—Sportsfile for Collision/Getty Images)

Computer scientist and Nobel laureate Geoffrey Hinton doubled down on his warnings about how artificial intelligence will affect the labor market and the role of companies leading the charge.

In an interview with Bloomberg TV’s Wall Street Week on Friday, he said the obvious way to make money off AI investments, aside from charging fees to use chatbots, is to replace workers with something cheaper.

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