Great News: You Might Not Have to Work as Much Anymore!
Imagine a world where you only have to work three days a week. Well, that's what Bill Gates, the co-founder of Microsoft, envisions for the future. He believes that artificial intelligence (AI) will take care of most of the work, allowing people to enjoy more leisure time.
On the other hand, Narayana Murthy, the founder of Infosys, thinks differently. He encourages the youth of India to work hard for 70 hours a week to boost the country's GDP. This has sparked debates worldwide, with some supporting Gates and others siding with Murthy.
The Workweek Debate
The debate about the ideal workweek has been ongoing, with suggestions ranging from a three-day to a four-day workweek. Some companies in the UK have already started experimenting with a four-day workweek.
Shifting Work Trends
Interestingly, there's a term called "quiet quitting," where employees do the minimum, and AI is making it easier for people to reduce their workload. JPMorgan CEO Jamie Dimon even predicts that the next generation of workers might only need to work 3.5 days a week.
Elon Musk, known for his hard work ethic, suggests that AI could handle everything, leading to a universally higher income. However, there are concerns that a lot of people might become lazy due to the convenience provided by AI.
Embracing AI and Universal Basic Income (UBI)
According to Microsoft's Jared Spataro, many people using AI tools don't want to go back to working without them. This shift towards relying on AI has raised questions about the future of work and whether people will even want to work if AI can replace their jobs.
In a Reddit discussion, some suggest embracing AI taking over jobs and using the free time for more enjoyable activities. While this might seem unrealistic, the idea is gaining traction.
It's essential to note that Murthy's call for 70 hours of work per week was specific to urging the youth of India to learn from other countries. Gates, on the other hand, focused on Western countries.
Conclusion: A Transforming Work Landscape
As AI continues to advance, the idea of Universal Basic Income (UBI) is becoming more relevant. UBI proposes providing financial support to everyone, allowing them to focus on other meaningful activities instead of traditional work.
In conclusion, the future of work might involve fewer hours, thanks to advancements in AI. Whether it's a three-day workweek or the concept of Universal Basic Income, the way we perceive and engage in work is undergoing a significant transformation.