> a defining characteristic of the Intelligence Age will be massive prosperity
That's the sales pitch, that this will benefit all.
I'm very pro-AI, but here's the only prediction for the future I would ever make: AI will accelerate, not minimize, inequality and thus injustice, because it removes the organizational limits previously imposed by bureaucracy/coordination costs of humans.
It's not AI's fault. It's not because people are evil or weak or mean, but because the system already does so, and the system has only been constrained by inability to scale people in organizations, which is now relieved by AI.
Virtually all the advances in technology and civilization have been aimed at people capturing resources, people, and value, and recent advances have only accelerated that trend. Broader distributions of value are incidental.
Yes, the U.S. had a middle class after the war, and yes, China has lifted rural people out of technical poverty. But those are the exceptions against the background of consolidation of wealth and power world wide. Not through ideology or avarice but through law and technology extending the reach of agency by amplifying transaction cost differences in market power, information asymmetry and risk burdens. The only thing that stops this is disasters like war and environmental collapse, and it's only slowed by recalcitrance of people.
E.g., now we are at a point were people's economic and online activity is pervasively tracked, but it's impossible to determine who's the owner of the vast majority of assets. That creates massive scale for getting customers, but impedes legal responsibility. Nothing in economic/market theory says that's how it should be; but transaction cost economics does make clear that the asymmetry can and will be exploited, so organizations will capture governance to do so.
It's not AI's job nor even AI's focus to correct injustice, and you can't blame AI for the damage it does. But like nuclear weapons, cluster munitions, party politics, (even software waivers of liability) etc., it creates moral hazards far beyond the ability of culture to accommodate.
(Don't get me started on how blockchain's promise of smart contracts scaling to address transaction risks has devolved into proliferating fraud schemes.)