Christoph Schumacher

But there are also sectors that are not affected by it.

For example, if you think of the whole construction, infrastructure, building industry, your AI will not renovate your kitchen.

You still need people to do this.

It's the same with aged care and health.

We still need people to look after other people, to help others.

We still need...

Medicine will have an impact, doctors will have support, but we still need those people right there.

So as with any great disruptor in technology, some people will lose their jobs of it, but it will create new jobs as well.

Yep.

Funnily enough, a great economist, Maynard Keynes, wrote a paper almost 100 years ago where it was about the future of my grandchildren and their

His belief was that with the new technologies, we now only will work 20 hours a week because machines will take over a lot of the stuff and we'll have to find ways of entertaining ourselves almost.

And look at this.

We work more than we did back then.

Every time we thought new technologies will make our life so much easier that we won't be knowing what to do with our spare time, it hasn't worked.

Yeah.

It has only put more work on our plate.

So I don't think this time around it will be much different either.

Exactly.

If you want to work, you'll find something to do, right?

If I knew, I'd be a very wealthy man, I suppose.