New Delhi, Feb. 24 -- No business or government would like to be left behind in the artificial intelligence (AI) race. They are excited with the potential of AI to improve the efficiencies of their processes.

AI will not increase equity in society, however, The Economist points out.

The London-based publication has compiled the forecasts of many experts on the impact of AI on the future of work (The Economist, 13 February 2025). It reveals that inequity in wages is likely to increase further. Lower-skilled jobs will be broken up and eliminated. The best educated will be able to earn even more.

Techno-enthusiasts want the world to "push on" because "creative destruction" is the way to progress. Ultimately, everyone will be better off so...