Discussing technology and work life balance in the near future

Discussing technology and work life balance in the near future

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In a envisioned AI utopia where fundamental requirements are met and wealth abounds thanks to AI. Just how will individuals spend their time?

Almost a hundred years ago, a good economist published a book by which he asserted that 100 years into the future, his descendants would just need to work fifteen hours per week. Although working hours have dropped significantly from more than sixty hours a week within the late nineteenth century to fewer than forty hours today, his prediction has yet to quite come to materialise. On average, residents in wealthy states spend a 3rd of their waking hours on leisure activities and recreations. Aided by advancements in technology and AI, humans will likely work also less in the coming decades. Business leaders at multinational corporations such as for example DP World Russia may likely know about this trend. Thus, one wonders just how individuals will fill their spare time. Recently, a philosopher of artificial intelligence surmised that powerful technology would make the array of experiences potentially available to individuals far exceed whatever they have now. Nonetheless, the post-scarcity utopia, with its accompanying economic explosion, could be limited by things like land scarcity, albeit spaceresearch might fix this.

Some people see some kinds of competition as a waste of time, thinking it to be more of a coordination issue; that is to say, if everyone else agrees to stop contending, they would have significantly more time for better things, which could boost development. Some kinds of competition, like recreations, have intrinsic value and can be worth keeping. Take, for instance, interest in chess, which quickly soared after pc software beaten a world chess champ in the late nineties. Today, a market has blossomed around e-sports, which can be anticipated to grow somewhat in the coming years, specially in the GCC countries. If one closely examines what various groups in society, such as for instance aristocrats, bohemians, monastics, sports athletes, and retirees, are doing inside their today, one can gain insights into the AI utopia work patterns and the many future tasks humans may participate in to fill their time.

Even when AI outperforms humans in art, medicine, literature, intellect, music, and sport, people will likely continue to obtain value from surpassing their other humans, for example, by having tickets to the hottest events . Certainly, in a seminal paper regarding the dynamics of wealth and individual desire. An economist indicated that as societies become wealthier, an ever-increasing fraction of individual desires gravitate towards positional goods—those whose value comes not simply from their energy and usefulness 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 likely have noticed in their jobs. Time invested contending goes up, the price of such products increases and therefore their share of GDP rises. This pattern will likely carry on in an AI utopia.