Will AI grant us freedom? And 4 day workweek?
Allow me to share a funny image with you (about AI)
Disclaimer - I love AI and I use it frequently.
But when it comes to AI bringing us 4 day workweek and granting us the freedom we desire. I do not believe that will happen for most of us. ​
Where programmers become 5x more efficient after using AI, customer service reps are replaced with AI, this transformation will generate a lot of value (money) for shareholders.
But what about people who are not shareholders? I believe most of us will be left in the dust.
​In a world where people compete against one another, the group that puts in more effort, more time, and more resources will win.
(aka may the best product win)
​It's hard to imagine that such group who achieved success is able to willingly share all of their resources with the rest of the world for free.
The nature of competition (whether it is man vs man or country vs country) will always drive humanity to work as much as possible (e.g. 5-7 days a week and more than 40 hours)
Look at Accounting for example - we have undergo huge transformation after going from paper to Excel. But Accountants work more than ever. ​​​​​​​
Now, programmers are undergoing huge transformation but I don't think that makes programmers work less. It only makes companies hire fewer programmers but they still work 100% of the time.​​​
In a capitalistic society, it is the shareholders (capitalist) who ultimately benefit from the AI transformation (not the workers as they will always work to the maximum)​​.​
Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
Founder of 5MinInvesting.com
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Will AI grant us freedom? And 4 day workweek?
Investment & Retirement Strategies for busy full-time professionals. Long-term investing & Monthly Passive income ideas.
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