For subscribers
Are we about to enter an age of leisure? Don’t bet on it
Productivity gains won’t necessarily translate into the embrace of free time – especially in America.
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The idea that technological progress can enable people to work fewer hours is not outlandish, says the writer.
PHOTO ILLUSTRATION: UNSPLASH
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Sarah O’Connor
The notion that artificial intelligence (AI) will usher in a future in which we only work three days a week might sound to many like a utopian dream. But some investors are betting good money on it.
Mr Ari Emanuel, the Hollywood talent agent and sports tycoon, last week said he had raised almost US$3 billion (S$3.9 billion) from investors for a new events venture, in a bet that AI would reduce the length of the work week and give people more free time to go to see live sports and music.
