AI: Poverty Eradicator or Widener? Musk vs. IMF-UN Clash on Future Impact

• Elon Musk predicts AI will eradicate poverty within 10-20 years, making work optional and ensuring universal high income through abundant, cheap goods.
• WEF warns AI could displace 92 million jobs, creating 170 million new ones, but low-skill workers and developing nations face significant risk and a widening skill gap.
• IMF states AI will polarize income, benefiting capital owners and high-skill individuals, while increasing job displacement for middle/low-income groups without robust social security.
• UNDP cautions AI could deepen the divide between rich and poor countries, leaving millions in extreme poverty by 2030, especially women and less educated individuals.
• Experts agree AI's future impact on poverty depends on policy decisions, skill training, and social security, not just technology itself.

Why It Matters: AI's impact on poverty is debated: Musk sees eradication, while IMF-UN warn of increased inequality without policy.