The Guardian today writes about the possibility that AI will eventually take over nearly all jobs:
Elon Musk’s suggestion to Rishi Sunak that society could reach a point where “no job is needed” and “you can do a job if you want a job … but the AI will do everything” revives a debate on the issue of how we work that has long been discussed.
....One significant body of research in 2019, led by Brendan Burchell, professor in social sciences and a former president of Magdalene College, Cambridge, established that eight hours of paid employment a week was optimal in terms of benefit in mental health, and that no extra benefit was subsequently accrued.
....A world without work “is a terrible idea of what society would look like for all sorts of reasons, as well as people’s mental health”, he said.
The labour market, as a way of distributing money around the economy, would have to be transformed, as would the education system, “to teach people how to fill their days, by writing poetry or going fishing or whatever, instead of going to the factory or the office”, Burchell continued.
It's possible that a world with no work is a terrible idea. But then, a world with atomic weapons is a terrible idea. A world with climate change is a terrible idea. A world with pandemics is a terrible idea.
None of that matters. AI will eventually take over practically all labor whether we like it or not. Instead of moaning about it, the only thing we should be doing is planning for it. Because we will indeed need to figure out a whole new way of distributing money around the economy.
The end of work, in every practical sense of the word, is coming. Maybe in 10 years, maybe in 50. In the grand scheme of things that's a difference barely worth noting. Does anyone care today about predictions in 1900 of precisely when cars would take over the roads? Maybe 1910, maybe 1930. Did it really matter who was right?