Massachusetts Institute Of Technology

Does that mean a utopia where nobody works and an AI workforce generates everything we need? Or a dystopia the place people are largely redundant, and wealth is increasingly concentrated in the arms of the technologically-enabled elite? The solely concrete prediction I can give right here is that the actions and selections taken at present, as we get started with AI, will play a big part in answering that question. But it’s additionally interesting to typically think about where it’s all heading. So right here I wish to try to peek a bit further into the future and come up with some concepts or predictions about how technology might change our lives on an extended timescale.

That said, many tech-savvy industry watchers warn that keeping apace of fintech-inspired improvements requires more than just ramped-up tech spending. Rather, competing with lighter-on-their-feet startups requires a big change in considering, processes, choice making, …

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