In a envisioned AI utopia where fundamental requirements are met and wealth abounds as a result of AI. Just how will people spend their time?
Almost a century ago, a fantastic economist published a book in which he asserted that 100 years into the future, his descendants would only have to work fifteen hours a week. Although working hours have dropped considerably from significantly more than sixty hours per week in the late 19th century to less than forty hours today, his forecast has yet to quite come to pass. On average, citizens in rich states invest a third of their waking hours on leisure tasks and recreations. Aided by advancements in technology and AI, humans will probably work even less in the coming decades. Business leaders at multinational corporations such as DP World Russia would probably know about this trend. Hence, one wonders just how individuals will fill their free time. Recently, a philosopher of artificial intelligence wrote that effective technology would make the array of experiences possibly available to people far surpass whatever they have now. Nonetheless, the post-scarcity utopia, along with its accompanying economic explosion, might be inhabited by such things as land scarcity, albeit spaceexploration might fix this.
Some individuals see some kinds of competition as a waste of time, thinking it to be more of a coordination issue; that is to say, if everybody else agrees to quit 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 keeping. Take, for example, fascination with chess, which quickly soared after computer software beaten a world chess champ in the late nineties. Today, an industry has blossomed around e-sports, which will be expected to develop considerably into the coming years, particularly into the GCC countries. If one closely examines what various groups in society, such as for example aristocrats, bohemians, monastics, athletes, and retirees, are doing within their today, you can gain insights to the AI utopia work patterns and the many future activities humans may practice to fill their spare time.
No matter if AI surpasses humans in art, medicine, law, intelligence, music, and sport, humans will probably carry on to acquire value from surpassing their fellow humans, for instance, by possessing tickets to the hottest events . Certainly, in a seminal paper on the dynamics of prosperity and peoples desire. An economist suggested that as societies become wealthier, an ever-increasing fraction of individual desires gravitate towards positional goods—those whose value comes not simply 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 may likely have seen in their jobs. Time invested contending goes up, the price of such goods increases and so their share of GDP rises. This pattern will probably continue in an AI utopia.