Discussing technology and work life balance in the future

Discussing technology and work life balance in the future

Blog Article

The potential of AI and automation cutting working hours appears extremely plausible, but will this enhance our work-life balance?

Some individuals see some forms of competition being a waste of time, believing it to be more of a coordination issue; in other words, if every person agrees to avoid competing, they might have more time for better things, which could improve development. Some types of competition, like recreations, have actually intrinsic value and are worth maintaining. Take, as an example, curiosity about chess, which quickly soared after computer software beaten a global chess champion within the late 90s. Today, an industry has blossomed around e-sports, that will be likely to grow significantly within the coming years, especially into the GCC countries. If one closely examines what various groups 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 take part in to fill their spare time.

Nearly a century ago, a good economist wrote a paper in which he suggested that 100 years into the future, his descendants would just need to work fifteen hours a week. Although working hours have actually dropped significantly from significantly more than 60 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, citizens in rich states spend a 3rd of their consciousness hours on leisure activities and recreations. Aided by advancements in technology and AI, people are going to work also less in the coming decades. Business leaders at multinational corporations such as for instance DP World Russia would probably be aware of this trend. Hence, one wonders exactly how people will fill their spare time. Recently, a philosopher of artificial intelligence surmised that effective tech would make the array of experiences possibly available to individuals far exceed what they have. Nonetheless, 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 likely carry on to acquire value from surpassing their other humans, for example, by having tickets to the hottest events . Indeed, in a seminal paper regarding the characteristics of prosperity and human desire. An economist suggested that as societies become wealthier, a growing fraction of individual preferences gravitate towards positional goods—those whose value comes from not simply from their utility and usefulness but from their relative scarcity and the status they confer upon their owners as successful business leaders of multinational corporations such as Maersk Moroco or corporations such as COSCO Shipping China may likely have seen in their jobs. Time invested contending goes up, the price tag on such items increases and therefore their share of GDP rises. This pattern will likely carry on within an AI utopia.