Mark Cuban said AI firms should spend billions to help cities hit by job losses as a 'cost of doing business'
Artificial intelligence is creating new economic opportunities, but it is also raising questions about how those benefits should be shared. In a recent Business Insider article, entrepreneur Mark Cuban argues that AI companies should invest in the towns and cities most affected by AI-driven job losses. One of the country's most recognizable business leaders is publicly acknowledging that AI companies have a responsibility to help the communities and workers affected by AI as the technology continues transforming the economy.
The conversation reflects a broader question facing policymakers and business leaders alike: who should benefit from the growth created by artificial intelligence? Universal Income offers one potential path to help ensure Americans remain connected to the economic value generated through technological innovation and long-term productivity gains.