In a imagined AI utopia where fundamental needs are met and wealth abounds because of AI. How will people spend their time?
Even if AI surpasses humans in art, medicine, literature, intelligence, music, and sport, people will probably continue to obtain value from surpassing their other humans, as an example, by having tickets to the hottest events . Indeed, in a seminal paper on the characteristics of prosperity and peoples desire. An economist suggested that as societies become wealthier, a growing fraction of individual cravings gravitate towards positional goods—those whose value comes from not merely from their utility and usefulness 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 careers. Time spent competing goes up, the buying price of such products increases and so their share of GDP rises. This pattern will probably continue in an AI utopia.
Almost a century ago, a fantastic economist published a paper by which he suggested that a century into the future, his descendants would just need to work fifteen hours per week. Although working hours have actually dropped considerably from significantly more than sixty hours per week within the late nineteenth century to less than forty hours today, his forecast has yet to quite come to pass. On average, citizens in wealthy countries spend a third of their waking hours on leisure activities and sports. Aided by advancements in technology and AI, humans are likely to work also less into the coming decades. Business leaders at multinational corporations such as for example DP World Russia would probably know about this trend. Thus, one wonders exactly how people will fill their free time. Recently, a philosopher of artificial intelligence wrote that powerful tech would result in the array of experiences possibly available to people far exceed what they have now. Nonetheless, the post-scarcity utopia, along with its accompanying economic explosion, could be inhabited by such things as land scarcity, albeit spaceexploration might fix this.
Some people see some types of competition as a waste of time, believing that it is more of a coordination issue; in other words, if everybody else agrees to cease contending, they would have more time for better things, which could improve development. Some kinds of competition, like sports, have intrinsic value and can be worth maintaining. Take, for instance, desire for chess, which quickly soared after computer software beaten a global chess champion in the late nineties. Today, a business has blossomed around e-sports, which can be likely to grow somewhat into the coming years, particularly in the GCC countries. If one closely follows what various groups in society, such as aristocrats, bohemians, monastics, sports athletes, and retirees, are doing in their today, one could gain insights to the AI utopia work patterns and the various future tasks humans may take part in to fill their free time.