Everything you need to know about the future of work
Concepts
- Fractionalised work
- Post-scarcity economy
- Mass automation in labour force
- Capitalism is a deflationary system - as we become more efficient in producing goods and services, the cost of consumption will trend downwards
- Since 2010 major economies have been printing money to counter low inflation. If left to natural processes, it is likely we would have seen deflation already
- Due to automation people won’t have jobs as defined by current standards
- The idea of a career will become more archaic as people will create multiple sources of income
- Money is infinite, value is finite and transferrable - Maslow hierarchy of needs
- Greater opportunity to spend time on self-actualisation rather than necessities
Value transfer to:
- Passion - Passion based communities
- Creators - Smaller minimum viable audience/consumers
- Social economies
Opportunities
Creators can leverage NFTs to crowdfund projects and earn a living with a smaller audience:
People can become part of powerful communities with democratised ownership through DAOs