riso"In fact in 1870, about 30% of a person’s entire life was spent working — people worked, slept, and died. Today it’s closer to 10%. Thus in the past 100+ years or so the amount of work in a person’s lifetime has fallen by about 2/3rds and the amount of leisure, including retirement has increased." Tyler Cowen https://marginalrevolution.com/marginalrevolution/2026/04/ai-unemployment-and-work.html #dacc #defensiveacceleration #futurism #optimism #solarpunk #capitalism
AI, Unemployment and Work - Marginal REVOLUTION
Imagine I told you that AI was going to create a 40% unemployment rate. Sounds bad, right? Catastrophic even. Now imagine I told you that AI was going to create a 3-day working week. Sounds great, right? Wonderful even. Yet to a first approximation these are the same thing. 60% of people employed and 40% […]