When the first machine was invented, people thought workers could take it easy. But what happened? More factories appeared, the workload increased, and capitalists were all smiles, while workers still had to toil away. When computers first came out, we thought we could say goodbye to pen and paper. But what happened? Now, we can't even go to the bathroom without taking our laptops, afraid of missing an email. And don't even get me started on phones—we thought they would broaden our horizons, but our view has shrunk to the size of a screen. Many jobs are now completed with AI assistance, and tasks that used to take three days now have to be done in one. Keynes once said that by the end of the 20th century, technological advancement would reduce the average workweek to 15 hours, but maybe only the Nordic countries have achieved that.
Whoever thought that was incredibly naive, take a look at a more modest invention, the washing machine, when it was invented it was thought that this will reduce the amount of time that people will attribute to that task and liberate their time to do something else, but what is the reality? People now buy more clothes, and while it is definitely easier to wash our clothes now than it was before this invention, we still dedicate roughly the same amount of time to this task, generating no time savings at all.
The truth is that the AI era that is being talked about can not still be afforded by every company and not all the sector can be able to adopt it no matter what. Let's take for example Bitcoin, so many people see Bitcoin are a digital gold and they adopted it and have turned their investment from other asset to Bitcoin alone, while so many people have not also pick interest in Bitcoin. That's how everyone can not adopt the AI, there will still be lot of man power needed.