> If AI can make things 1000x more efficient,
Is that the promise of the faustian bargain we're signing?
Once the ink is dry, should I expect to be living in a 900,000 sq ft apartment, or be spending $20/year on healthcare? Or be working only an hour a week?
They signed it for you as there will be 1000x less workers needed so they didn't need to ask anymore.
You will probably be dead.
But _somebody_ will be living in a 900,000 sq ft apartment and working an hour a week, and the concept of money will be defunct.
While humans have historically mildly reduced their working time to today's 40h workweek, their consumption has gone up enormously, and whole new categories of consumption were opened. So my prediction is while you'll never live in a 900,000sqft apartment (unless we get O'Neill cylinders from our budding space industry) you'll probably consume a lot more, while still working a full week