On technology and work life balance in the near future

On technology and work life balance in the near future

Blog Article

The potential of AI and automation cutting work hours seems really plausible, but will this improve our work-life balance?

Many people see some kinds of competition as a waste of time, thinking that it is more of a coordination problem; that is to say, if everyone agrees to cease contending, they would have significantly more time for better things, which may boost growth. Some forms of competition, like activities, have intrinsic value and can be worth keeping. Take, for example, interest in chess, which quickly soared after pc software defeated a global chess champion in the late nineties. Today, a business has blossomed around e-sports, which is anticipated to grow significantly into the coming years, particularly into the GCC countries. If one closely follows what different people in society, such as aristocrats, bohemians, monastics, sports athletes, and retirees, are doing within their today, you can gain insights to the AI utopia work patterns and the various future tasks humans may participate in to fill their spare time.

Nearly a hundred years ago, a good economist wrote a paper in which he suggested that 100 years into the future, his descendants would only have to work fifteen hours a week. Although working hours have dropped dramatically from significantly more than 60 hours a week within the late 19th century to less than forty hours today, his prediction has yet to quite come to materialise. On average, citizens in wealthy states spend a third of their consciousness hours on leisure activities and sports. Aided by advancements in technology and AI, people are likely to work even 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 powerful tech would make the array of experiences possibly available to people far exceed whatever they have. Nevertheless, the post-scarcity utopia, with its accompanying economic explosion, may be inhabited by things such as land scarcity, albeit spaceexploration might fix this.

Whether or not AI outperforms humans in art, medicine, law, intellect, music, and sport, humans will probably carry on to acquire value from surpassing their other humans, for example, by having tickets to the hottest events . Indeed, in a seminal paper on the dynamics of prosperity and peoples desire. An economist indicated that as communities become wealthier, an increasing fraction of human wishes gravitate towards positional goods—those whose value comes not only from their energy and effectiveness but from their general 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 careers. Time invested contending goes up, the cost of such items increases and therefore their share of GDP rises. This pattern will likely carry on within an AI utopia.