Would an AI eliminate billionaires if it ran the economy?
Only if told to optimize for well-being or opportunity distribution. An AI told to maximize GDP or shareholder value might preserve or even entrench billionaires, since concentrated capital can fund large projects. The outcome depends entirely on the objective function humans encode — AI has no independent preference for equality.
Answered in
If AI Ran the Economy, Would You Still Be Poor?An AI optimizing for well-being would target billionaires as a bottleneck — but Scandinavia already proves you don't need one to fix poverty.
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