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How Artificial Intelligence Will Change the Traditional Labor Economy

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by Giorgi Kostiuk

2 days ago


Modern changes in the labor sector under the influence of artificial intelligence lead to a reevaluation of foundational economic models. The focus is on who will own the new tools of value creation.

The Breakdown of Traditional Labor Model

In the context of geopolitical and macroeconomic shifts, the traditional labor economy is eroding faster than policymakers and specialists realize. AI systems now outperform humans in tasks once considered safe, such as software development and data analysis.

Automation and Its Consequences

The current wave of AI automation is unprecedented, quickly absorbing white-collar jobs. Key tasks, such as content generation, financial modeling, and legal research, are already being offloaded to AI. More complex fields, such as strategic planning and scientific research, are expected to be affected within the next five years.

The Ownership Economy and Its New Significance

The new economy offers platforms where individuals can create autonomous agents that function as freelancers. Owners of these agents will be able to earn income from their work and focus on higher-order creative tasks. The critical aspect is the ownership of the intelligence that performs the work, rather than relying on obsolete labor forms.

Shifts in financial and legal domains are inevitable as autonomous agents begin to interact. It is crucial to understand that economic value will belong to those who own the intelligence that performs the work.

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