Ahead of massive IPOs, AI companies are sketching plans to share their wealth

NEW YORK — As they steam toward massive public offerings on Wall Street, the companies at the forefront of artificial intelligence have begun sketching plans to share their wealth with the public — a commitment they say is imperative to address disruptions the technology could bring to the workforce and people’s livelihoods.

Ahead of massive IPOs, AI companies are sketching plans to share their wealth

TL;DR

  • AI companies are planning to share their wealth with the public.
  • These plans are being made as the companies approach major IPOs.
  • The wealth sharing is intended to address disruptions to the workforce and livelihoods caused by AI.
  • This commitment is considered imperative by the companies.