Richard Golian

1995-born. Charles University alum. Head of Performance at Mixit. 10+ years in marketing and data.

Castellano Français Slovenčina

Manage subscription Choose a plan

RSS
Newsletter
New articles to your inbox
Richard Golian

Article

AI, Wealth Inequality, and the Singularity We Cannot Predict

How AI could deepen wealth inequality, hollow out the middle class, and push universal basic income into the debate
Richard Golian
Richard Golian · 3 656 reads
Hi, I am Richard. On this blog, I share thoughts, personal stories, findings and what I am working on. I hope this article brings you some value.

It is February 25, 2025. The clock shows 3:47 a.m. Central European Time. I am lying in the dark, in a house near the Low Tatras in Slovakia. It is quiet. Only the ticking clock reminds me that time keeps moving.

AI and Society: The Future World We Have No Words For

The more I think about the future, the more I realise how many essential questions remain unanswered. Maybe I am wrong, but it feels like our imagination simply is not enough to grasp what lies ahead in five or ten years. A world governed by artificial intelligence, automation, robotics... and probably something else we cannot even imagine today. Technological and societal developments will likely take us to a place for which we currently have no words.

Who Will Own and Control Artificial Intelligence?

Some things, however, seem inevitable. For example, we will likely face unprecedented inequalities, access to power, wealth, information, and everything else that shapes how we live. I see a small group of those who will own and control technology, and a vast majority who will merely consume content, products, and illusions of a meaningful life.

The Digital Divide: Life Curated by Algorithms

And what will daily life look like? I imagine days reduced to consuming content recommended by AI. Algorithms will decide what should interest us, what we should watch, what we should believe. A deep divide will emerge between those who understand how the system works and those who merely follow its instructions, or have wildly different assumptions about it.

The big question remains: What will childhood and education look like? We can still imagine what the world might look like in a year or two. But what comes after that? How will we explain how the world works to our children when we are not even sure ourselves?

And what about our safety and freedom? What if physical control, or even elimination, carried out by AI-powered robots stops being just a sci-fi topic? I do not want to think about that. But I know that ignoring this question will not protect us from danger or oppression.

No matter how I look at the future, I see very few answers and far too many questions and problems. Perhaps it is time to start asking the right questions, while we still have the chance to search for the answers and solutions.

The Decline of the Middle Class and the Collapse of the Social Contract

I am afraid that the inequalities driven by the development of artificial intelligence will, unless we manage to reverse the trend, lead to the disappearance of the middle class. And yet it is the purchasing power of the middle class that fuels our capitalist economy. It is the middle class that enables growth, and it is their education and civic engagement that help protect our democracy.

Continue

Join the Library

Full access to my findings, personal stories, and what I learn from the people I meet.

Join the Library · €29.99 per year How a small business, creator or politician can be… What should I study in the age of AI?… I Left My Job for Several Months to Read… How I Fell in Love With Her, at First… How do you stop depending on social media? Can… How to Start With AI in a Company: Automating…
Read only this one · €2,99

Get the full article by email and feel free to reply if you want to discuss it further.

Visa Mastercard Apple Pay Google Pay

Summary

The more I think about a future shaped by artificial intelligence and automation, the more I realise how many essential questions remain unanswered. We will likely face unprecedented inequalities in access to power, wealth and information. I am afraid that wealth inequality driven by artificial intelligence will lead to the disappearance of the middle class, whose purchasing power fuels our capitalist economy and whose education and civic engagement help protect our democracy. If AI replaces the work of accountants, lawyers and IT specialists, an entire generation may lose faith in the system, and the old social contract will no longer apply. I do not have a clear answer to what the new social contract should look like. I am considering several possibilities, including universal basic income.

Common questions on this article's topic

How will artificial intelligence increase global inequality?
AI concentrates power and wealth among those who own and control the technology, while displacing middle-income workers whose roles can be automated. The IMF has estimated that 60% of jobs in advanced economies will be affected by AI, with the middle class facing the greatest risks. Current data shows the top 1% controls approximately 37% of global wealth, and this concentration is accelerating as AI-driven productivity gains flow disproportionately to capital owners.
What happens to the middle class as AI takes over jobs?
The article warns that the middle class, whose purchasing power fuels the capitalist economy and whose civic engagement supports democracy, may effectively disappear. An entire generation of accountants, lawyers, marketing professionals, and IT specialists could be displaced not because they failed, but because they were replaced. The World Economic Forum has projected that 41% of employers intend to reduce their workforce by 2030 due to AI.
Could the decline of the middle class threaten democracy?
Research supports this concern. A body of research links a strong middle class to greater political stability, and suggests that where it shrinks, accountability tends to weaken and populist movements often gain ground. The OECD, in its report Under Pressure: The Squeezed Middle Class (2019), has warned that the erosion of the middle class poses serious economic and social risks.
What is the social contract and how could AI break it?
The social contract is the implicit agreement between citizens and society, work hard, contribute, and the system provides stability, opportunity, and protection. AI threatens this contract by making many forms of productive work unnecessary. If people lose their economic role without gaining a new one, the fundamental basis for social cohesion breaks down. The article argues that if we fail to write a new social contract in time, it raises fundamental questions about the nature of our political system.
What will daily life look like in an AI-dominated world?
The article imagines days reduced to consuming content recommended by algorithms, with AI deciding what should interest us, what we should watch, and what we should believe. A deep divide would emerge between those who understand how the system works and those who merely follow its instructions. The central question becomes: how do we explain the world to our children when we are not sure we understand it ourselves?
How can society prepare for AI-driven inequality?
The article argues that the most important step is asking the right questions while we still have the chance to search for answers. This includes rethinking education, building safeguards against AI-powered social control, and addressing wealth concentration before the gap becomes irreversible. The silence around these issues, whether from a lack of imagination or comforting denial, is itself identified as one of the greatest risks.
What is the technological singularity?
The technological singularity is a hypothetical point at which technological growth, driven above all by artificial intelligence, accelerates beyond human control and becomes impossible to predict. The term was popularised by the mathematician Vernor Vinge and later by the futurist Ray Kurzweil, who projected it around 2045. This article describes exactly that horizon when it speaks of a future for which we currently have no words: a place where both our imagination and our vocabulary run out.
What is universal basic income, and could it address AI inequality?
Universal basic income (UBI) is an unconditional, regular cash payment made to every person regardless of employment or wealth. It is increasingly discussed as a response to automation, because if artificial intelligence replaces large parts of the middle class, millions of people could lose their economic role without gaining a new one. Pilot programmes have run in Finland, Kenya and several cities in the United States. In this article I name universal basic income as one of the options I am weighing for a new social contract, while remaining honest that I do not yet have a settled answer.
What is technofeudalism?
Technofeudalism is a term popularised by the economist Yanis Varoufakis to describe an economy in which a small elite that owns the digital platforms extracts rent from everyone else, much as feudal lords once controlled the land. Ordinary users become digital tenants who generate the data and attention that the owners monetise. This article sketches the same structure when it warns of a small group who will own and control the technology while the vast majority merely consume.
What is the digital divide in the age of AI?
The digital divide traditionally described the gap between those with access to computers and the internet and those without. In the age of artificial intelligence it takes on a sharper meaning: a divide between the small group who understand and shape how the algorithmic system works and the majority who simply follow its recommendations. This article argues that this second divide, over comprehension and control rather than mere access, may prove the more consequential one.
What is surveillance capitalism?
Surveillance capitalism is a term coined by the scholar Shoshana Zuboff for an economic model in which companies harvest personal data to predict and influence behaviour, then sell that predictive power for profit. It connects to a central worry of this article: that algorithms increasingly decide what should interest us, what we watch and what we believe, concentrating that power in the hands of those who own the technology.
Richard Golian

If you have any thoughts, questions, or feedback, feel free to drop me a message at mail@richardgolian.com.

NEWSLETTER
About artificial intelligence, the dead internet and how to live a good life in today's world.
Sent the first Sunday of the month. Unsubscribe anytime.

Related articles

Where the Money Goes When AI Takes the Work: Mapping the AI Economy

Prague, 13 May 2026. On my way to work I started thinking about something that stayed with me for days. If most routine work on a computer disappears in the next ten years, and a large share of repetitive manual work disappears with it, what happens to the flow of money? Who pays whom for what? Which economic layers will exist, how large will they be, and what relationships will run between them? This is the six-layer map I sketched as an answer.

15 May 2026·2 262 reads
Open Source Intelligence and AI Crime Detection

The more I think about it, the more I realize what a fundamental issue this is.

16 March 2025·3 231 reads
Autonomous Weapons and Military AI: How AI Warfare Threatens Our Security

You might say I am being too pessimistic, that I am fearmongering. Fear is useful.

15 March 2025·3 548 reads

More articles

How a small business, creator or politician can be independent of big platforms in the AI age

Are you a content creator playing by the rules of YouTube, Instagram or Google? Are you a small business owner whose business model depends on how often Amazon recommends you, how expensive Facebook ad impressions will be or how expensive Google Ads clicks will be? If all or most of your contact with your audience or customers depends on a big platform showing you to them, you are not in a strong position.

11 October 2026·1 108 reads
What should I study in the age of AI? What should I major in? Does a degree still make sense?

The development of artificial intelligence changes how we look at which paths in life make sense. Which studies and which profession to choose.

4 October 2026·760 reads
I Left My Job for Several Months to Read Philosophy

It was Thursday, 31 March 2022, when I handed over the last of my responsibilities to my colleagues, closed my laptop and went to the library. I left my job for several months and immersed myself in philosophy. And I am immensely grateful for it. Today I am, like most people, on a merry-go-round, and it is hard for me to stop and think about the fundamental questions of my own life.

28 September 2026·1 027 reads
How I Fell in Love With Her, at First Sight

It was September 2023. My life, my work, everything was completely different from now. It was simpler. I owned almost nothing. I needed to film an advert, I went up to a floor inside the company where the product I needed for that advert was, and there I noticed her for the first time. She laughs at me when I describe it like this, but at that moment the universe told me, that is her.

20 September 2026·1 021 reads
How to stop depending on social media, and what the IndieWeb is

How and why I am gradually leaving social media and the big platforms. When I read that Meta is testing a new way to charge for organic posts that link outside its platform, it confirms how right I was to become steadily less dependent on the big platforms and on social media. It does not mean I have left them completely. It means that whether or not I stay in touch with my readers depends on them less and less, and today almost not at all.

9 September 2026·1 140 reads
How to Start With AI in a Company

One of my family members described a firm that has its data in several different tools, and its employees still join it by hand, in spreadsheets. That is the ordinary state of firms. When somebody tells such people not to do it by hand and to use AI, they will not understand. Most firms do not even have the basic connectors between the tools they use. These firms need help with AI transformation.

12 August 2026·1 178 reads
Fable 5 vs Opus: the cheaper model won

The same task, two models. Fable 5 against Opus 4.8. On paper Fable is the better model, with a larger context and stronger specs. And still it lost. Opus handled the task with a single round of checking for 721,000 tokens, while Fable needed nine rounds and burnt through 2.78 million tokens. The difference was not in the model, but in how I set the task. And I know it, because I measured it.

22 July 2026·1 453 reads
I Ran Object Detection on My Laptop, and Saw Everything Is Possible

A few weeks ago I installed a small local AI model on my laptop that watches a live camera feed. I turned the webcam on in the dark, and in near total darkness it recognised me and the objects in the room. That such things exist, I have known for a long time. What opened my eyes was the accessibility. I installed it in one prompt, free, and it runs entirely on my machine, sending data nowhere.

15 July 2026·1 091 reads
Which Work Will AI Not Replace?

Seventy per cent. That is where the first AI output begins, even when you give it the full company context and the best examples from the past. We are talking about the kind of output that cannot be defined programmatically. It is more complex. Often it is creative work. On one repeated type of output I reached eighty per cent within a week. Every further percentage point is harder than the one before.

10 June 2026·1 275 reads
What is the dead internet theory? Will we return offline?

For a long time we treated the internet as the main road. The place where work and relationships happen. Yet most of what we see on it today is, or soon will be, AI-generated: text, images, profiles and comments. The internet is turning into an online game full of bots, where you cannot be sure that a human is on the other side of anything. So I ask: was the online world the main road, or only a temporary detour that part of us will return from, back offline?

7 June 2026·1 657 reads
My blog is full of bots and AI agents

I once wrote about building my own privacy-friendly analytics tool. It had bot detection from the first version, yet it was not enough. Direct visits took a strangely high share of my traffic. When someone claims that 20% of their visits are bots and 80% are humans, I used to think the same. Today I would say the opposite ratio is closer to the truth. This is how I got there.

6 July 2026·2 904 reads
Dependent on AI: Are We Still Masters, or Slaves?

I have Heidegger and my notebook beside me. I am asking where all of this is heading, where artificial intelligence is taking us.

21 June 2026·1 840 reads
Everything with AI agents, or fully offline.

Four days in Catalonia. No computer, no AI, almost no social media. I bought this notebook so that I could write down what I would think about, and what I would come across and learn on the trip.

10.5.2026·2 085 reads
NEWSLETTER
About artificial intelligence, the dead internet and how to live a good life in today's world.
Sent the first Sunday of the month. Unsubscribe anytime.