On technology and work life balance in the future

On technology and work life balance in the future

Blog Article

AI is poised to redefine just what work means, exactly how it's done, and the balance between our expert and personal lives.

Some individuals see some types of competition as a waste of time, believing that it is more of a coordination issue; in other words, if everybody agrees to avoid competing, they might have significantly more time for better things, which may improve development. Some types of competition, like sports, have 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, a business has blossomed around e-sports, which will be anticipated to develop significantly in the coming years, particularly in the GCC countries. If one closely examines what different groups in society, such as aristocrats, bohemians, monastics, athletes, and retirees, are doing in their today, you can gain insights into the AI utopia work patterns and the various future activities humans may participate in to fill their free time.

Almost a hundred years ago, a good economist penned a paper by which he put forward the proposition that 100 years into the future, his descendants would only need to work fifteen hours a week. Although working hours have fallen dramatically from more than 60 hours per week within the late nineteenth century to less than forty hours today, his prediction has yet to quite come to pass. On average, citizens in wealthy countries spend a 3rd of their consciousness hours on leisure tasks and recreations. Aided by advancements in technology and AI, humans are going to work even less in the coming decades. Business leaders at multinational corporations such as DP World Russia would likely know about this trend. Thus, one wonders exactly how people will fill their spare time. Recently, a philosopher of artificial intelligence wrote that effective technology would result in the range of experiences potentially available to people far surpass whatever they have now. However, the post-scarcity utopia, with its accompanying economic explosion, might be inhabited by things such as land scarcity, albeit spaceresearch might fix this.

Whether or not AI surpasses humans in art, medicine, law, intellect, music, and sport, people will likely continue to derive value from surpassing their fellow humans, for example, by possessing tickets to the hottest events . Certainly, in a seminal paper on the dynamics of prosperity and peoples desire. An economist indicated that as societies become wealthier, an increasing fraction of individual cravings gravitate towards positional goods—those whose value comes from not only from their utility and usefulness 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 professions. Time spent competing goes up, the cost of such products increases and so their share of GDP rises. This pattern will likely carry on in an AI utopia.