{"id":80444,"date":"2018-07-07T10:42:21","date_gmt":"2018-07-07T17:42:21","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2018\/07\/billionaire-ray-dalio-a-i-is-widening-the-wealth-gap-national-emergency-should-be-declared"},"modified":"2018-07-07T10:42:21","modified_gmt":"2018-07-07T17:42:21","slug":"billionaire-ray-dalio-a-i-is-widening-the-wealth-gap-national-emergency-should-be-declared","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2018\/07\/billionaire-ray-dalio-a-i-is-widening-the-wealth-gap-national-emergency-should-be-declared","title":{"rendered":"Billionaire Ray Dalio: A.I. is widening the wealth gap, \u2018national emergency should be declared\u2019"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/billionaire-ray-dalio-a-i-is-widening-the-wealth-gap-national-emergency-should-be-declared.jpg\"><\/a><\/p>\n<p>It\u2019s amusing that these people know where this is headed, but arent interested enough to stop it.<\/p>\n<hr>\n<p>The co-chief investment officer and co-chairman of Bridgewater Associates shared his thoughts in a <a class=\"\" data-gdsid=\"139619\" data-inline-quote-symbol=\"FB\" href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=FB\">Facebook<\/a> post on Thursday.<\/p>\n<p>Dalio says he was responding to a question about whether machine intelligence would put enough people out of work that the government will have to pay people to live with a cash handout, a concept known as universal basic income.<\/p>\n<p>My view is that algorithmic\/automated decision making is a two edged sword that is improving total productivity but is also eliminating jobs, leading to big wealth and opportunity gaps and populism, and creating a national emergency.<\/p>\n<p><!-- Link: <a href=\"https:\/\/www.cnbc.com\/2018\/07\/06\/bridgewaters-dalio-posts-on-ai-wealth-gap-capitalism-on-facebook.html?__source=twitter|tech\">https:\/\/www.cnbc.com\/2018\/07\/06\/bridgewaters-dalio-posts-on-...itter|tech<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s amusing that these people know where this is headed, but arent interested enough to stop it. The co-chief investment officer and co-chairman of Bridgewater Associates shared his thoughts in a Facebook post on Thursday. Dalio says he was responding to a question about whether machine intelligence would put enough people out of work that [\u2026]<\/p>\n","protected":false},"author":359,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,1878,1490,41,6],"tags":[],"class_list":["post-80444","post","type-post","status-publish","format-standard","hentry","category-economics","category-employment","category-government","category-information-science","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/80444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/359"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=80444"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/80444\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=80444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=80444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=80444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}