AI is minting new billionaires, and workers want their share

2 hours ago

Samsung narrowly averted a strike by reaching a tentative deal on bonuses, with workers demanding a fair share of profits from the company's semiconductor business amid record AI-driven earnings.
The dispute reflects a global trend where workers across sectors, from Kenyan data annotators to Hollywood actors, are pushing for equitable distribution of AI wealth as automation leads to widespread job cuts.
Economists see the Samsung case as a significant labor action, highlighting debates over 'citizen's dividends' to ensure AI profits benefit society broadly, not just a select few billionaires and investors.
The AI boom has created immense wealth for founders and executives, with billions concentrated among a small group, while many tech companies announce mass layoffs to redirect investments into AI.
Labor movements worldwide are organizing to claim a rightful share of AI profits, emphasizing that gains rely on publicly funded research, infrastructure, and labor throughout the supply chain.

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