I will put it differently,
Investing 1 or 2% of global GDP to increase wealth gap 50% more and make top 1% unbelievable rich while everyone else looking for jobs or getting 50 year mortgage, seem very bad idea to me.
It can be both? Both that inequality increases but also prosperity for the lower class? I don’t mind that trade off.
If some one were to say to you - you can have 10,000 more iPhones to play with but your friends would get 100,000 iPhones, would you reject the deal?
Just being born in the US already makes you a top 10% and very likely top 5-1% in terms of global wealth. The top 1% you're harping about is very likely yourself.
>Investing 1 or 2% of global GDP to increase wealth gap 50% more
What’s your definition of wealth gap?
Is it how you feel when you see the name of a billionaire?
This problem is not specific to AI, but a matter of social policy.
For example here in Germany, the Gini index, an indicator of equality/inequality has been oszillating about 29.75 +/-1.45 since 2011.[1] In other words, the wealth distribution was more or less stable in the last 15 years, and is less extrem than in the USA, where it was 41.8 in 2023.[2]
[1] https://de.statista.com/statistik/daten/studie/1184266/
[2] https://fred.stlouisfed.org/series/SIPOVGINIUSA