What happens when capitalism lacks rarity? This is the question that Nikhil Kamath asked Bill Gates during his last episode of Podcast, where the co -founder of Zerodha frankly asked: “In the world of tomorrow, in 10 years, from a very capitalist objective – is a huge population a baule or a scourge?”
The doors, without giving an answer yes or not, offered a radical vision of a future redefined by artificial intelligence – one where traditional capitalist frameworks may no longer apply.
“Let’s say that in 20 years, the AI will have changed things enough for … this pure capitalist framework will probably not be explained,” said Gates. While the AI advances through the fields of white passes and blue passes – from office work to factory floors and even to household maintenance of the hotel – he thinks that the historical rarity of work dissolves.
“We have always had a shortage – doctors, teachers, people to work in factories … These shortages will not exist,” said Gates. “It is a fairly deep change that will release a lot of time. You can retire early. You can work shorter work weeks. ”
This change, supports Gates, will oblige a “philosophical rethink” on the way in which we appreciate and spend time, in particular when basic production – food, goods, health care – does not require the same human contribution. “We will have created free intelligence,” he said, adding that even the cognitive value of a doctor could soon be equaled or overwhelmed by machines.
https://www.youtube.com/watch?v=YY7J1PSYY
He used health care as an excellent example: “India has more doctors than Africa, but not yet as much as it should. The AI will come and provide a medical IQ, and there will be no shortage. ”
By reflecting on his own education in a world of perpetual shortage, Gates admitted that this abundance led by AI is still difficult to fully grasp. “The markets are rare resources … I find myself trying to understand this future world.”
That this transformation arrives in 20 or 30 years, said Gates, it is not far away. “My children – and certainly my grandchildren – a lot of their lives will be in this very changed world.”
