According to futurist Ray Kurzweil the Singularity is due to arrive sooner than predicted by the original estimates.
From Elon Musk to Larry Page, the head of Google’s Deep Mind, all have warned the world that artificial intelligence will outdo human intelligence within decades. This kind of event is known in the literature as the AI singularity.
Big Tech, academia and governments around the world have begun strategising over what this hypothetical scenario might look like. Although there has been a lot of analysis on the possibility of a violent takeover by artificial intelligence few studies have explored how a machine can monopolize the world economy.
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