Will Money be Relevant in an Era of Abundance?
Prominent technology leaders predict that within the next decade, artificial intelligence and robotics will make money far less important, and perhaps irrelevant. Their vision is one of unprecedented abundance: machines producing more goods and services than humanity could ever consume. Retirement savings may become unnecessary. Work may become optional. The greatest challenge, they argue, will no longer be survival, but finding meaning and purpose.
Will AI Replace Us?
This week, I have the privilege of spending several days with more than 6,000 colleagues and friends from 111 countries at the annual Chabad International Conference. It is a gathering unlike any other, part family reunion, part strategy summit, part spiritual recharge. We come together to share ideas, confront challenges, explore opportunities, and draw strength from one another.