Discussing technology and work life balance in the near future

Discussing technology and work life balance in the near future

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

Many people see some kinds of competition being a waste of time, believing it to be more of a coordination problem; that is to say, if every person agrees to quit competing, they would have more time for better things, which could boost growth. Some forms of competition, like recreations, have actually intrinsic value and can be worth maintaining. Take, for instance, curiosity about chess, which quickly soared after computer software defeated a world chess champ within the late 90s. Today, a business has blossomed around e-sports, that is expected to grow significantly into the coming years, specially within the GCC countries. If one closely examines what different people in society, such as for instance aristocrats, bohemians, monastics, athletes, and retirees, are doing within their today, it's possible to gain insights into the AI utopia work patterns and the various future tasks humans may take part in to fill their free time.

Even though AI surpasses humans in art, medicine, literature, intelligence, music, and sport, humans will likely continue to derive value from surpassing their other humans, for instance, by having tickets to the hottest events . Certainly, in a seminal paper on the characteristics of prosperity and human desire. An economist indicated that as societies become wealthier, an increasing fraction of individual wishes gravitate towards positional goods—those whose value is derived not simply from their utility and effectiveness 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 seen in their careers. Time invested competing goes up, the cost of such products increases and therefore their share of GDP rises. This pattern will probably carry on in an AI utopia.

Nearly a hundred years ago, a good economist wrote a book by which he asserted that a century into the future, his descendants would only have to work fifteen hours per week. Although working hours have fallen considerably from a lot more than sixty hours per week in the late nineteenth century to less than 40 hours today, his forecast has yet to quite come to materialise. On average, citizens in rich 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. Hence, one wonders just how people will fill their time. Recently, a philosopher of artificial intelligence surmised that powerful tech would result in the array of experiences potentially available to people far exceed whatever 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.