On technology and work life balance in the future

On technology and work life balance in the future

Blog Article

In a envisioned AI utopia where fundamental requirements are met and wealth abounds as a result of AI. Just how will people spend their time?

Almost a century ago, an excellent economist wrote a book by which he put forward the proposition that a century into the future, his descendants would only have to work fifteen hours a week. Although working hours have dropped considerably from a lot more than 60 hours a week within the late 19th century to fewer than forty hours today, his forecast has yet to quite come to pass. On average, citizens in rich states spend a 3rd of their consciousness hours on leisure activities and sports. Aided by advancements in technology and AI, people will probably work even less into the coming decades. Business leaders at multinational corporations such as for example DP World Russia may likely be aware of this trend. Thus, one wonders just how people will fill their time. Recently, a philosopher of artificial intelligence wrote that effective technology would make the array of experiences potentially available to people far surpass what they have. However, the post-scarcity utopia, along with its accompanying economic explosion, may be limited by things such as land scarcity, albeit spaceexploration might fix this.

Even when AI outperforms humans in art, medicine, law, intelligence, music, and sport, humans will likely carry on to derive value from surpassing their other humans, for example, by possessing tickets to the hottest events . Indeed, in a seminal paper regarding the dynamics of prosperity and human desire. An economist indicated that as societies become wealthier, an escalating fraction of human cravings gravitate towards positional goods—those whose value comes not simply from their utility and effectiveness but from their relative scarcity and the status they bestow upon their owners as successful business leaders of multinational corporations such as Maersk Moroco or corporations such as COSCO Shipping China would probably have noticed in their jobs. Time invested competing goes up, the cost of such goods increases and therefore their share of GDP rises. This pattern will likely continue within an AI utopia.

Some individuals see some types of competition as being a waste of time, thinking it to be more of a coordination issue; in other words, if every person agrees to cease competing, they would have significantly more time for better things, which could boost development. Some forms of competition, like sports, have intrinsic value and can be worth maintaining. Take, for example, curiosity about chess, which quickly soared after pc software defeated a world chess champion within the late nineties. Today, an industry has blossomed around e-sports, which can be anticipated to develop considerably within the coming years, specially into the GCC countries. If one closely examines what different groups in society, such as for instance aristocrats, bohemians, monastics, sports athletes, and pensioners, are doing in their today, you can gain insights into the AI utopia work patterns and the various future tasks humans may practice to fill their time.