The future of work

About 8 years or so, I have listened on the "Future of work" from Vivek Wadhwa.

At that age and time, his view was "interesting" at most, and his predictions seemed coming true, but his predicted times looked optimistic to me.

Mainly because we all think linearly, the predictions looked optimistic.

He has mentioned the exact last statement in his 2013 interview (https://www.youtube.com/watch?v=R3LS4PithoM) where he also goes on to also say that when 2 different technologies converge, entire businesses are wiped out.

Technology has changed rapidly and exponentially from 2023 with the advent of Chat GPT.

In today's news, "Researchers just unveiled an AI model called ECgMLP that identifies endometrial cancer with 99.26% accuracy from microscopic tissue images—drastically outperforming human specialists and current automated methods."

With this, the medical "Radiologist" role is almost wiped out.

The same is happening to Lawyers and other professions.

The future looks like this: Govt. paying everyone to live comfortably with no work and few would work on new technologies and earn like crazy. 

My prediction: The middle class is going to diverge into the rich class or the poor class.

I had a very fruitful discussion last week with a close friend of time who is good in technology and we were sharing our views on the future of work. He shared that if the next generation is only going to use the existing generative AI to learn and produce works, thereby being lazy and reducing their thinking, nothing new is going to be made in the next 5-10 years. With nothing noteworthy of contribution, this means that we have already reached about 98% or so of all that AI can ever learn from in the current AI.

The only people who would have work are the creative people who are deep generalists who can inject their creativity into a new converged field and show value. This is something Dan Koe predicts.

The rest would be forced to sit at home with no work. 

FYI, Homo Deus by Yuval Noah Harari is a book I plan to read where he attempts to paint an image of the future. I am currently listening to his book Sapiens. I would add to this post, on completion of both these books.