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 working hours appears really plausible, but will this enhance our work-life balance?

Even when AI surpasses humans in art, medicine, literature, intelligence, music, and sport, humans will probably carry on to acquire value from surpassing their fellow humans, for instance, by having tickets to the hottest events . Certainly, in a seminal paper regarding the dynamics of wealth and peoples desire. An economist indicated that as societies become wealthier, an increasing fraction of individual preferences gravitate towards positional goods—those whose value comes not merely from their energy and effectiveness 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 would probably have noticed in their careers. Time invested competing goes up, the cost of such products increases and so their share of GDP rises. This pattern will likely continue within an AI utopia.

Many people see some forms of competition being a waste of time, believing that it is more of a coordination problem; in other words, if everybody agrees to stop competing, they might have more time for better things, which may boost development. Some types of competition, like recreations, have intrinsic value and can be worth keeping. Take, for instance, interest in chess, which quickly soared after pc software defeated a global chess champion in the late nineties. Today, an industry has blossomed around e-sports, which will be expected to develop significantly within the coming years, specially in the GCC countries. If one closely follows what various groups in society, such as for instance aristocrats, bohemians, monastics, sports athletes, and retirees, are doing in their today, it's possible to gain insights to the AI utopia work patterns and the various future activities humans may practice to fill their spare time.

Almost a hundred years ago, outstanding economist wrote a book by which he argued that 100 years into the future, his descendants would only have to work fifteen hours per week. Although working hours have actually fallen significantly from significantly more than sixty hours per week within the late 19th century to fewer than 40 hours today, his prediction has yet to quite come to pass. On average, citizens in wealthy states invest a 3rd of their consciousness hours on leisure tasks and recreations. Aided by advancements in technology and AI, people are likely to work even less in the coming decades. Business leaders at multinational corporations such as DP World Russia may likely be familiar with this trend. Hence, one wonders just how people will fill their free time. Recently, a philosopher of artificial intelligence wrote that powerful tech would make the range of experiences possibly available to individuals far surpass whatever they have. Nonetheless, the post-scarcity utopia, along with its accompanying economic explosion, could be inhabited by things such as land scarcity, albeit spaceresearch might fix this.