On technology and work life balance in the future

On technology and work life balance in the future

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In a envisioned AI utopia where basic needs are met and wealth abounds thanks to AI. How will people spend their time?

Even though AI surpasses humans in art, medicine, literature, intellect, music, and sport, people will probably carry on to derive value from surpassing their other humans, for instance, by possessing tickets to the hottest events . Indeed, in a seminal paper regarding the dynamics of prosperity and individual desire. An economist indicated that as societies become wealthier, an increasing fraction of individual desires gravitate towards positional goods—those whose value comes not merely 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 professions. Time spent contending goes up, the price of such products increases and therefore their share of GDP rises. This pattern will probably carry on in an AI utopia.

Almost a hundred years ago, an excellent economist penned a book in which he put forward the proposition that 100 years into the future, his descendants would just need to work fifteen hours per week. Although working hours have dropped considerably from a lot more than sixty hours per week in the late 19th century to less than 40 hours today, his prediction has yet to quite come to materialise. On average, residents in wealthy countries invest a 3rd of their waking hours on leisure activities and recreations. Aided by advancements in technology and AI, people are going to work also less into the coming decades. Business leaders at multinational corporations such as DP World Russia may likely know about this trend. Thus, one wonders just how people will fill their free time. Recently, a philosopher of artificial intelligence surmised that effective technology would make the range of experiences possibly available to individuals far surpass whatever they have now. Nevertheless, the post-scarcity utopia, along with its accompanying economic explosion, could be inhabited by things like land scarcity, albeit spaceexploration might fix this.

Many people see some kinds of competition as being a waste of time, thinking it to be more of a coordination problem; that is to say, if every person agrees to cease contending, they might have more time for better things, which could boost growth. Some kinds of competition, like activities, have actually intrinsic value and can be worth maintaining. Take, as an example, fascination with chess, which quickly soared after computer software defeated a world chess champion in the late 90s. Today, an industry has blossomed around e-sports, that is likely to grow dramatically within the coming years, particularly within the GCC countries. If one closely follows what different groups in society, such as for instance aristocrats, bohemians, monastics, athletes, and retirees, are doing inside their today, you can gain insights into the AI utopia work patterns and the various future activities humans may participate in to fill their spare time.