Rapid advances in AI may concentrate power and wealth among a small elite. Anthropic CEO Dario Amodei says a universal basic income may not sufficiently address the shift. He says there needs to be a broader economic reorganization. The rapid advances in AI could consolidate power and wealth in the hands of a small few, […]
Tag: inequality
South Africa’s Ramaphosa vows to fight inequality as power-sharing begins
By Siyabonga Sishi and Thando Hlophe PRETORIA (Reuters) -A weakened South African President Cyril Ramaphosa pledged on Wednesday that his new multi-party government would work to improve basic living conditions for all citizens as he was sworn in for a second term in office. Ramaphosa’s African National Congress will be sharing power with five other […]
Canon launches Women Who Empower campaign in Nigeria to combat gender inequality in the visual arts
Canon Central and North Africa has teamed up with Women in Successful Careers (WISCAR) to launch the Women Who Empower Women campaign across Nigeria. The initiative aims to uplift and empower women in the imaging and print industries, offering workshops, networking events, and mentorship programs with Canon representatives and industry professionals. International Women’s Day, which […]
Brown v. Board litigants, family mark anniversary as Biden decries ongoing school inequality
Plaintiffs and family members of plaintiffs in the Brown v. Board of Education U.S. Supreme Court case, Cheryl Brown Henderson, second from right, John Stokes, second from left, and Nathaniel Briggs, right, speak outside the White House with NAACP President Derrick Johnson, left, after meeting with President Joe Biden on May 16, 2024. This week […]
Portland mayoral candidates focus on inequality, uniting city in debate
PORTLAND, Ore. (KOIN) — The economy, homelessness and inequality were some of the main topics discussed during a debate among three people running for Portland mayor Thursday night. Portland City Commissioners Mingus Mapps and Carmen Rubio, along with businessman and non-profit founder Keith Wilson, were the three candidates who spoke about what they plan to […]
South Africa to mark 30 years of freedom amid inequality, poverty and a tense election ahead
JOHANNESBURG (AP) — As 72-year-old Nonki Kunene walks through the corridors of Thabisang Primary School in Soweto, South Africa, she recalls the joy she and many others felt 30 years ago when they voted for the first time. It was at this school on April 27, 1994 that Kunene joined millions of South Africans to […]
Warren Buffett Says Financial Inequality Isn’t A ‘Diabolical Plot’ Billionaires Have To Hoard All The Nation’s Wealth, Proposes Some Solutions
In a comprehensive interview with Yahoo! Finance’s Andy Serwer in 2020, Warren Buffett, the billionaire behind Berkshire Hathaway Inc., delved into the issues plaguing America’s capitalist economy, particularly the widening wealth gap. Despite his enormous success, which has amassed him billions, Buffett recognizes unfairness in the system that allows for such vast accumulations of wealth. […]
Social Security Has an Income Inequality Problem, and It Can’t Be Swept Under the Rug Any Longer
For most retired Americans, their monthly Social Security check is an indispensable source of income. Based on annually conducted surveys over the course of more than two decades, no fewer than 80% of then-current retirees rely on their monthly benefit to help cover their expenses. Given how important America’s top retirement program is to the […]
AP photos reveal intensity, insecurity and inequality in 2023 as world altered by climate change
Punishing heat that hovered and hung on much longer than usual. Flash floods that washed away large swaths of land and life. And wildfires that burned much of the year, leaving a wake of smoke and charred earth. The toll of disasters propelled by climate change in 2023 can be tallied with numbers — thousands […]