Lately, due to the rapid advancements in AI, I find myself reflecting on two ideas. First, could technology and automation eventually eliminate monotonous jobs, enabling humans to dedicate themselves entirely to creative pursuits? Secondly, is it possible for a modernized capitalist model, enhanced by passive income and almost limitless resources, to foster a future where motivation extend beyond monetary gains?
I’ve come across data suggesting that a significant 70-80% of the global workforce is entangled in routine or repetitive jobs, while a smaller fraction, about 20-30%, is engaged in creative professions.
The optimistic view
The ongoing progress in AI, robotics, and automation paints a promising picture. In the foreseeable future, the necessity for full-time engagement in routine or repetitive jobs could be eradicated. There might be a rotational system where individuals work periodically to oversee and maintain the operational infrastructure, but the era of monotonous, full-time jobs could reach its end.
This transformation has the potential to liberate millions from the confines of unstimulating work, offering them the freedom to explore more gratifying, creative avenues.
How will our economy adapt to this shift? Many believe a reimagined capitalism, powered by passive income, could promote equality and optional work. With the support of endless resources like solar energy, passive income could become a norm, creating a happier, fairer society.
In a world where financial security is a standard, the driving force behind our actions could shift from monetary gains to personal development, innovation, and contributing to societal welfare.
The pessimistic view
However, the pathway to this envisioned future is not without its hurdles. The current landscape, even with the concept of passive income, requires significant technological advancements to become a reality. A sudden transition could lead to widespread job losses and elevated levels of stress.
Also and until recently, creative roles were considered secure, requiring a unique skill set not everyone possesses. However, with AI’s recent strides, even these jobs are not immune, potentially relegating individuals to less rewarding roles with diminished compensation.
Furthermore, the idea of a work-optional society contradicts many views on human nature, often seen as competitive and self-centered. Some people argue that reducing the drive to earn more could slow down new ideas and inventions. However, I believe that even if passive income covers our basic needs, the desire to earn extra money for luxuries will still drive some people.