{"id":101223,"date":"2025-10-24T10:07:06","date_gmt":"2025-10-24T10:07:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/101223\/"},"modified":"2025-10-24T10:07:06","modified_gmt":"2025-10-24T10:07:06","slug":"ex-ubs-chairman-weber-warns-ai-ushering-in-new-era-of-inequality","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/101223\/","title":{"rendered":"Ex-UBS Chairman Weber Warns AI Ushering In New Era of Inequality"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Former UBS Group AG Chairman Axel Weber has warned the coming disruption from artificial intelligence could usher in the rise of a new global elite that profits disproportionately from the adoption of the cutting-edge technology while leaving the rest worse off.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">\u201cWe will see people who reap the benefits from this new technology in a way that we haven\u2019t seen before,\u201d Axel Weber, who\u2019s also a former former chief of the German central bank, said on Friday during a panel discussion at the Bund Summit in Shanghai. \u201cLike the sort of tech aristocrats and billionaires, we will see AI aristocrats.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"Former UBS Group AG Chairman Axel Weber has warned the coming disruption from artificial intelligence could usher in&hellip;\n","protected":false},"author":2,"featured_media":101224,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[59680,220,218,219,62795,9031,4990,16865,14725,61,60,1630,3667,5698,80,62796],"class_list":["post-101223","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-aaron","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-axel-a-weber","tag-c-suite","tag-economics","tag-equality","tag-european-central-bank","tag-ie","tag-ireland","tag-labor","tag-policy","tag-shanghai","tag-technology","tag-ubs-group-ag-reg"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/101223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=101223"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/101223\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/101224"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=101223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=101223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=101223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}