Will AI Democratize Or Deepen The Existing Gap Between The Haves and The Have-Nots? | by William Min | May, 2024

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Summary

● AI holds promise in democratizing opportunities by breaking down barriers for individuals from less privileged backgrounds, offering tools for streamlined workflows and personalized education.
● The potential impact of AI on developing nations like Myanmar raises concerns about job displacement and widening economic disparities.
● AI’s automation capabilities extend beyond blue-collar jobs to white-collar professions, potentially destabilizing economies.
● Governments in developing countries must invest in AI-ready infrastructures, promote digital literacy, and implement regulations to prevent misuse of AI.
● Ethical considerations are crucial in guiding AI deployment to prioritize human welfare and equitable growth and avoid exacerbating social inequalities.

Author: William Min
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