The NHS will introduce artificial intelligence software next year to diagnose cancer, self-driving cars are 10 years away from taking over the roads and robots can already do many precision tasks better than us. In 30 years it’s likely the majority of people could be replaced at work by machines. What happens then? If machines undercut labour costs, what happens to global currencies when no-one has an income from work? It will redefine society.
What happens to PM in this world? With their cultural value (and industrial) it seems that gold and silver should retain meaning as world currencies fluctuate. I won’t retire for more than three decades so these changes will impact hugely on my old age. But no-one is really talking about it.
What do you think?