But some observers say that while AI will produce wealth, it may not be evenly distributed.

This can exacerbate income inequality."

A Revolution in the Making?

A robot hand holding several U.S. bills (twenties, fives, and ones).

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In his blog post, Altman forecasts an AI revolution.

Using artificial intelligence could help people reexamine their purchasing patterns to cut waste, Makridis said.

“Basically, it’s an optimization tool,” he added.

A robot hand piling coins on a laptop keyboard that has stock prices displayed on the screen.

KTSDESIGN/SCIENCE PHOTO LIBRARY / Getty Images

AI will create wealth by doing things better than humans can, Makridis said.

And eight in 10 consumers think automated tools will replace personal financial advisors in the coming years.