SOME of the most prominent AI startups, tech companies, their executives, researchers and engineers would have us believe that artificial intelligence (AI) poses an existential risk to humanity and should be considered a societal risk on par with pandemics and nuclear wars.

Beneath the self-serving hype of rogue super-intelligent AI models (the current models are nowhere close to approaching human-like intelligence), the AI models pushed by governments pursuing aggressive neoliberal agendas and monopoly corporate interests are harming society and humanity in far more mundane ways, often targeting the poor, and ethnic and religious minorities.

Two bad AI welfare models