How will the AI economy function?

What are the implications of tools like ChatGPT?

Ed Noble
Thoughts And Ideas

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Photo by Joshua Aragon on Unsplash

The history of human civilisation can be categorised as having three major revolutions. Firstly, there was the agricultural revolution, which harnessed animal power to allow humans to transition away from the hunter-gatherer lifestyle and form settlements. The next major revolution would take roughly another 10,000 years to arrive: the industrial revolution. This fundamentally was an upheaval in our use of energy as manufacturing moved from hand production methods to machines. Mass production and technological innovations sparked the greatest improvement in the standard of living for the Western world ever seen in history.

The wait for the next revolution was not nearly so long, as the information revolution arrived within two centuries. Our ability to share data on a global scale has driven the creation of knowledge based tools, such as Google Maps. Economic historians may point to other significant milestones in our species’ story, such as the emergence of writing or printing. But it may be useful to stick with the three revolutions I have outlined, because the objects of economic activity can be conceptualised as the fundamental distinction between matter, energy and information.

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Ed Noble
Thoughts And Ideas

I write about philosophy, psychology and ethics. I live and work in London, having previously studied physics. Started writing in lockdown.