In 1930, economist John Maynard Keynes predicted that in a hundred years we would work only 15 hours a week to satisfy our basic economic needs. Ninety years later, Americans work on average over 34 hours a week. How was he more than 100% wrong?
Simple. He underestimated technological innovation (and population growth), especially the tools that allow us to create more stuff with less effort.
In other words, automation.
The big news this month — besides inflation (more of the same) and Taylor Swift releasing her new album Midnights (“Anti-Hero” is an instant classic) — is something over which Silicon Valley has been erupting these last few weeks.
It’s called generative AI, and I expect it to transform Work Tech into something unrecognizable in a very short time.

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