Part 5/8:
The transformative power of AI and robots means that goods and services—integral to human prosperity—could be produced in vast quantities, making many products and tasks cheaper or even free. This could unleash a new era of prosperity where scarcity is vastly reduced.
However, unlocking this potential requires a complete rethinking of economic and societal structures, especially in how resources and income are distributed. Without deliberate planning, the risk of mass unemployment and inequality looms large, as machines may replace humans in many roles, often at a fraction of the cost.