What will be the impact of AI on work habits

What will be the impact of AI on work habits

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In a imagined AI utopia where basic needs are met and wealth abounds as a result of AI. How will individuals spend their time?

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 agrees to cease competing, they might have more time for better things, which may boost development. Some kinds of competition, like sports, have actually intrinsic value and are worth maintaining. Take, for example, curiosity about chess, which quickly soared after computer software beaten a world chess champion within the late 90s. Today, a market has blossomed around e-sports, which can be expected to grow significantly within the coming years, specially within the GCC countries. If one closely follows what different people in society, such as for example aristocrats, bohemians, monastics, athletes, and pensioners, are doing in their today, it's possible to gain insights to the AI utopia work patterns and the various future tasks humans may engage in to fill their free time.

Nearly a century ago, a good economist wrote a book by which he contended that a century into the future, his descendants would just need to work fifteen hours a week. Although working hours have dropped dramatically from a lot more than sixty hours per week in the late 19th century to less than forty hours today, his prediction has yet to quite come to pass. On average, residents in rich countries spend a third of their consciousness hours on leisure tasks and sports. Aided by advancements in technology and AI, humans will probably work also less in the coming decades. Business leaders at multinational corporations such as for instance DP World Russia would probably know about this trend. Hence, one wonders just how people will fill their free time. Recently, a philosopher of artificial intelligence surmised that effective tech would make the range of experiences potentially available to individuals far surpass whatever they have. Nevertheless, the post-scarcity utopia, with its accompanying economic explosion, may be inhabited by things such as land scarcity, albeit spaceresearch might fix this.

Even if AI surpasses humans in art, medicine, law, intellect, music, and sport, humans will probably carry on to obtain value from surpassing their other humans, as an example, by possessing tickets to the hottest events . Certainly, in a seminal paper regarding the characteristics of prosperity and peoples desire. An economist suggested that as societies become wealthier, an increasing fraction of human wishes gravitate towards positional goods—those whose value comes not only 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 noticed in their jobs. Time spent competing goes up, the buying price of such goods increases and so their share of GDP rises. This pattern will probably carry on within an AI utopia.