The Millennium Project has created three alternative scenarios as input to national workshops to explore potential strategies to address the issues raised in these scenarios.
The future of work and increasing income gaps are among the most discussed topics of long-term prospects at the moment. However, systemic perspectives and global as well as local strategies to improve the long-term outlook are often lacking.
See three draft Scenarios and the RTDs conducted to collect additional input on them:
- Scenario 1: It’s Complicated – A Mixed Bag
- Scenario 2: Political/Economic Turmoil – 2050 (Future Despair)
- Scenario 3: If Humans Were Free – The Self-Actualizing Economy
In the context of the global study, the Greek Node of the Millennium Project is organising the Greek workshop in Thessaloniki (13 December 2016) aiming to discuss the side effects for Greece and elaborate ideas/policies for a sustainable future.
The Thessaloniki event is jointly organised by, the Greek Node of the Millennium Project, Phemonoe Lab, Resilient Thessaloniki (City of Thessaloniki), PRAXI Network, and proudly sponsored by DRAXIS S.A.
Background of the study:
Stephen Hawkins, Elon Musk, and Bill Gates are warning the world about the potential dangers of artificial intelligence (AI) growing beyond human control. “Whether AI does or does not become the nightmare of some science fiction, we are certain it will have fundamental impacts on the nature of work, worldwide. And the world needs to think seriously about this now, because it may take a generation or more to make serious changes necessary to improve our work-technology future prospects,” says Jerome Glenn, CEO of The Millennium Project. “A growing body of AI experts believes that if socio-political-economic systems stay the same, and technological acceleration, integration, and globalization continue, then half the world could be unemployed by 2050.”
Long-term and large-scale strategies are needed to address the potential scope and spectrum of unemployment and income gaps in the foreseeable future due to the acceleration, globalization, and integration of technological capacities and population growth. Future artificial intelligence that can autonomously create, re-write, and implement software simultaneously around the world is a unique historical factor in job displacement. Meantime, the Internet is a historical factor in job creation.
The Millennium Project’s initial review of recent research on the future of work and income gaps shows that in existing research, there is great attention to problem description, but few specifics about forecasts of potential job displacement: how many, where, and by when. These studies also do not offer global and local strategies on the scale necessary to address these problems and tend to under rate long-term accumulative technological capacities. Such long-range thinking is required since it might take decades to make major world structural changes. An innovative strategic thinking approach is needed about fundamental changes in the nature of work, economics, and education that will be required to prevent mass unemployment and increased income gaps.