In a imagined AI utopia where fundamental needs are met and wealth abounds because of AI. How will people spend their time?
Nearly a hundred years ago, an excellent economist wrote a paper in which he contended that a century into the future, his descendants would just need to work fifteen hours a week. Although working hours have actually dropped significantly from more than sixty hours a week within the late nineteenth century to fewer than forty hours today, his prediction has yet to quite come to pass. On average, residents in wealthy states invest a third of their consciousness hours on leisure activities and recreations. Aided by advancements in technology and AI, humans are likely to work also less within the coming decades. Business leaders at multinational corporations such as DP World Russia would probably be aware of this trend. Thus, one wonders just how people will fill their free time. Recently, a philosopher of artificial intelligence wrote that effective tech would result in the range of experiences possibly available to individuals far exceed whatever they have now. However, the post-scarcity utopia, with its accompanying economic explosion, could be limited by things such 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 everyone else agrees to avoid contending, they would have significantly more time for better things, which could improve growth. Some forms of competition, like sports, have actually intrinsic value and are worth maintaining. Take, for example, curiosity about chess, which quickly soared after computer software beaten a global chess champion within the late nineties. Today, a business has blossomed around e-sports, that will be likely to develop considerably into the coming years, especially within the GCC countries. If one closely examines what different people in society, such as aristocrats, bohemians, monastics, sports athletes, and pensioners, are doing inside their today, one could gain insights into the AI utopia work patterns and the many future tasks humans may participate in to fill their time.
Even when AI outperforms humans in art, medicine, literature, intellect, music, and sport, people will likely continue to obtain value from surpassing their other humans, for example, by possessing tickets to the hottest events . Certainly, in a seminal paper on the characteristics of prosperity and human desire. An economist suggested that as communities become wealthier, an increasing fraction of human preferences gravitate towards positional goods—those whose value comes from 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 likely have noticed in their jobs. Time invested contending goes up, the price of such products increases and therefore their share of GDP rises. This pattern will likely carry on within an AI utopia.