In a imagined AI utopia where fundamental requirements are met and wealth abounds thanks to AI. How will people spend their time?
Even when AI outperforms humans in art, medicine, law, intelligence, music, and sport, humans will probably carry on to derive value from surpassing their other humans, for example, by possessing tickets to the hottest events . Indeed, in a seminal paper regarding the dynamics of prosperity and human desire. An economist indicated that as societies become wealthier, an escalating fraction of human cravings gravitate towards positional goods—those whose value comes 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 probably have noticed in their professions. Time spent contending goes up, the price of such products increases and therefore their share of GDP rises. This pattern will probably carry on within an AI utopia.
Almost a hundred years ago, an excellent economist penned a book in which he put forward the proposition that 100 years 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 a week in the late nineteenth century to fewer than 40 hours today, his forecast has yet to quite come to materialise. On average, citizens in wealthy states spend a third of their consciousness hours on leisure tasks and sports. Aided by advancements in technology and AI, humans will likely work even less in the coming decades. Business leaders at multinational corporations such as for instance DP World Russia would probably be aware of this trend. Thus, one wonders exactly how individuals will fill their spare time. Recently, a philosopher of artificial intelligence wrote that effective technology would result in the range of experiences potentially available to individuals far surpass whatever they have now. Nevertheless, the post-scarcity utopia, with its accompanying economic explosion, could be inhabited by things like land scarcity, albeit spaceexploration might fix this.
Many people see some forms of competition as being a waste of time, believing it to be more of a coordination problem; that is to say, if everyone else agrees to cease competing, they would have more time for better things, that could improve development. Some forms of competition, like recreations, have intrinsic value and are worth keeping. Take, for example, desire for chess, which quickly soared after computer software beaten a global chess champ within the late nineties. Today, a market has blossomed around e-sports, that will be expected to grow considerably in the coming years, particularly within the GCC countries. If one closely examines what different groups in society, such as for instance aristocrats, bohemians, monastics, athletes, and retirees, are doing inside their today, you can gain insights into the AI utopia work patterns and the various future activities humans may participate in to fill their spare time.