Have you ever thought how the world economy would look like in the future? I mean, once geopolitical conflicts come (Russia-Ukraine, Israel-Hamas, etc) to an end and inflation levels are "stabilized"? As we enter the digital realm, the economy will change in ways that were never thought possible. The emergence of AI, Quantum Computing, and Blockchain tech, will user in a new era of finance. AI will overtake most human jobs, while Quantum Computing will lead the role in automation and the discovery of cures for new diseases (with its vast computational power). Meanwhile, Blockchain will enable easy tracking of global supply chains, keep CBDCs in check, and more.
Most people will live off a basic salary paid by the government (otherwise known as Universal Basic Income), while AI will do all the work for us. Elon Musk held several talks about UBI, while Bill Gates predicted AI will overtake most jobs perfomed by humans in the future. Global population within 10-20 years from now will diminish due to low birth rates. We will live in a world where we won't truly own anything, as companies will have the power to decide what you will use and when to use it (like some sort of rent). With RWAs (Real World Assets) and NFTs, we're getting closer to such a reality.
How do you think the global economy will change in the future? Will current geopolitical tensions and economic uncertainty (trade wars, rising inflation, etc) force us to such drastic changes (AI, QCs, etc)? How long do you think will it take for such changes to materialize?
Your input would be greatly appreciated. Thanks.
Who is going to take a job from a Plumber? From an Electrician? Despite the fact that AI is growing rapidly and it will take a job from developers and designers, I don't think it willtake a job from plumbers and tradespeople. It will take us lots of ears to become advanced enough to create a robot that will be a complete plumber. When that time comes, there will be no police jobs too and our life will be a completely different life and world order. That world order is so different from current one that I think it's very hard to imagine how the future looks. Today there are wars with drones and mankind, will it change with drones and robots? Or will we achieve a state where there will be no wars and pure harmony? It's very hard to predict.Most people will live off a basic salary paid by the government (otherwise known as Universal Basic Income), while AI will do all the work for us. Elon Musk held several talks about UBI, while Bill Gates predicted AI will overtake most jobs perfomed by humans in the future. Global population within 10-20 years from now will diminish due to low birth rates. We will live in a world where we won't truly own anything, as companies will have the power to decide what you will use and when to use it (like some sort of rent). With RWAs (Real World Assets) and NFTs, we're getting closer to such a reality.
How do you think the global economy will change in the future? Will current geopolitical tensions and economic uncertainty (trade wars, rising inflation, etc) force us to such drastic changes (AI, QCs, etc)? How long do you think will it take for such changes to materialize?
Your input would be greatly appreciated. Thanks.