Jobs at Crossroads

 

Jobs at Crossroads

This article is, in all senses, the view of the author and it is written as a possible futuristic scenario.

If Jobs are the reason for keeping the wheels of economy active then, for sure, it has to be protected. Jobs are done by humans, machines and domestically trained animals.

It occurred to me that when people complete any task assigned to them 100% then there will be no portion of that job left unfinished. But invariably, out of many possible propositions two events happen to ensure more jobs.

One is that people commit errors in the jobs assigned to them. Rectification of these errors creates new job opportunities and second is that people do not finish the jobs assigned to them 100%. They leave behind some parts of the jobs assigned to them unfinished which eventually get piled up. New job opportunities are created to complete these unfinished and piled up assignments.

The race for the jobs seems to have reduced to two applicants, the humans and the AI supported systems. Machines can be used by both humans and AI to get assigned job executed. There are many summits happening all around the world based on AI and its futuristic applications.

When Jobs hit crossroads and there is hardly any job left for humans to do then the wheel of economy has to be redesigned for being active. Definitely, AI will not need money because it has no real purpose and use for it.

There will be a compulsion on the part of the World leaders and nations to adopt a new economic system if they need to maintain a world order. If AI systems are posed with the task of formulating alternate economic models, then there is a very healthy possibility of the AI Systems choosing either the “Barter” type of economy or a "Free" economy.

It will be interesting to know how the economists of the 21 Century design a new “Barter” type economy or a “Free” type economy or anything new and different. Years are not far away, and it will be wise to start the process of identifying a new economic order for the world in the event of a complete control of AI based systems.

Those who dominate decide, at times even dictate.