There are 2 realities that we must acknowledge so that we can start visualizing an economic model for the future:
(1) The model that applies currently to 99% or more of the humanity in how they can avail stuff to survive, sustain and enjoy their lives is to work and earn money - the medium of exchange. The remaining 1% or less will continue to control access to resources. They'll compete as well as collaborate at various levels to keep themselves in that position for as long as they can.
(2) AI, coupled with robotics, can and will do a lot of the work out there, much better than we ever did, increasingly with time. New kinds of work might emerge - but it's hard to visualize what and how much.
The world is both euphoric about AI and scared about its repercussions at the same time. The real threat from AI is not that it'll blow up the world. It's about the mechanism through which humans can continue to avail earth's resources to an extent that looks like progress. If the world can come together and solve this problem it can totally change the pace of human evolution for good in multiple ways:
(1) We can devote our minds to unprecedented waves of creative, scientific, intellectual and spiritual endeavors that can unlock possibilities and human potential in ways that we can't imagine today.
(2) AI can be developed faster and in more unhinged manner without setting artificial barriers in areas where it has value to offer.
This vision is a bit too utopian, as the ones shaping things would like to be the biggest beneficiaries as well, at the cost of the rest.
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