Potentialism: The Human Potential in a Post-Work Economy

This paper presents a thought-provoking exploration of how rapid advancements in AI and robotics may soon upend traditional economic systems. Drawing from seminal works by Adam Smith, Karl Marx, Frey & Osborne, and Brynjolfsson & McAfee, the paper envisions a future where up to 65% of human jobs could be automated within just a few years. As automation displaces the majority of the workforce, the paper argues that conventional capitalist and socialist frameworks—built on wage labor and centralized redistribution—will become obsolete.

The work introduces a radical new paradigm, "Potentialism," which shifts the focus from human labor to the untapped potential of individuals. It proposes a novel blockchain-based mechanism that captures the surplus value created by autonomous AI systems and redistributes it as an unconditional basic income (UBI). This decentralized approach not only challenges the traditional role of fiat currencies like the Dollar and Euro but also reimagines economic value in terms of human creativity, innovation, and communal well-being.

Combining rigorous qualitative and quantitative methodologies, the paper delves into historical technological transitions and uses scenario planning to forecast the economic and societal impacts of mass automation. It critically examines the challenges of integrating digital currencies into existing financial systems and calls for innovative regulatory frameworks to manage this paradigm shift.

If you're intrigued by the potential for a post-work society where creativity and well-being supplant traditional measures of success, this paper offers a compelling, meticulously argued vision of the future. Click to dive deeper into a future where automation liberates human potential and redefines our economic destiny.

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