Embracing the Future of Automation: A Paradox of Prosperity
As we stand on the brink of full automation, economic theories suggest that while wages may plummet, our standard of living will radically improve. Here’s how:
- Wealth Distribution: Wages, once a primary income source, will become just one aspect of our financial landscape.
- Historical Context: Just like the mechanical revolution transformed child labor, we may soon redefine our relationship with work.
- Automation’s Impact: The digital workforce could generate a tenfold increase in GDP, with wealth flowing broadly, ensuring most people benefit.
Imagine a future filled with:
- Advanced technologies
- Unprecedented goods and services
- A society prioritizing leisure and education over labor
The wealth generated might be shared widely, enabling all to thrive in ways we can’t yet fully envision.
Join our journey! If you’re passionate about shaping this future, we’re hiring talented software engineers, ML engineers, and quants. Share your thoughts below!
