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?
When you ask a famous LLM about this, it zealously defends and explain how UBI can help.
Here is the response we got from this major LLM:
– UBI keeps consumer spending alive when employment declines.
– It prevents demand from falling below sustainable levels.
– It allows people to participate in markets even without wages.
But UBI doesn’t create value in the classical economic sense. It redistributes existing economic output. It is expected to work because someone else (capital owners or AI-driven firms) will still be generating economic surplus.
A Future of Mass Self-Employment?
According to Forbes, we are entering to the era of solopreneurs. Number of self employed broke new records in 2024.
There are many scenarios but the one analysts feel most likely is fragmented millions of micro-enterprises instead of eliminating work entirely.
– Big companies will operate with few employees, powered by AI.
– Millions of individuals become self-employed specialists, offering niche services, custom solutions, creative insights.
– Everyone becomes a one-person firm, navigating global micro-markets.
Here is why Boontext should exist in this new world.
Self-employment requires constant presence, responsiveness, and customer nurturing. Missing a conversation can mean missing a client.
The entrepreneurial spirit of humankind and it’s challenges won’t shrink, it just will become hyper-personalized and targeted.
We believe that the greatest demand for AI agents will come from small teams, solopreneurs, micro-firms. They’ll need AI not as a replacement, but as a scalable extension of themselves.
This is the space we are building in. This is the mission of BoonText: empowering small teams and independent workers with enterprise-grade AI tools to thrive in a world where value creation becomes decentralized.
Conclusion
Adam Smith measured economic value through labor, capital, and effort. AGI will challenge all three. We are not just automating work while building agentic systems, we are rewriting the definition of economic value, human worth, and social contracts.