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.
People often seem to wonder what those people will do for living, that have been replaced by AI work force. But more accurate question would be, why those people think they will be around in the first place. I know this might sound dark, but there's no way in earth i would believe richest man alive believing in UBI. They aren't fixing the issue currently, when people have difficulties having a living wage, so why would future be any different?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.
Because too many people are out of work to ignore? At this rate, there will not be that many people tbh, because people are already afraid to have kids, because future is scarier then ever.