Boontext’s Vision in a Fragmented Future of Work
The Value of Professions Will Erode In this post, we want to discuss the macroeconomic impacts of AI from a labor, and circulation of value/money via labor standpoint. As modern people, we are interdependent. At least still so. It's an unspoken law that our ability to serve others defines the reward we get. So far, AI has only automated a fraction of low-skill tasks; but it will reach into analytical and professional domains soon. Perception, economic value and status of individuals who perform such professions will be restructured and redefined as well. It's likely that it will be a downgrade. Despite legal protections, the market price of a service will decline if an AI can provide it faster and cheaper. Skills, education, and effort we invest into those professions don’t disappear but their economic returns diminish. Is Universal Basic Income a Solution? ...
