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In a world of infinite AI, the new luxury item will be humans

Oct 25, 2023 - businessinsider.com
The article discusses how the rise of AI and automation is increasing the value of human experiences and services. As AI models generate unlimited content and automate tasks, human-centered services and experiences are becoming increasingly rare and valuable. This is leading to a new luxury trend where human services, such as personal chefs, tutors, and financial advisors, are becoming more desirable. The article also highlights how AI is revolutionizing sectors like education and marketing, but also increasing the demand for human interaction in these areas.

The article also discusses how AI models struggle in areas like trading due to their inability to adapt quickly to new situations. It suggests that while AI can handle repetitive tasks and provide utility, there are still many situations where humans will want to enjoy their success and signal their achievements. The author concludes by suggesting that as AI continues to commoditize information and services, finite human resources and experiences will become the new luxury goods.

Key takeaways:

  • As AI continues to automate various aspects of life, human-centered services and experiences are predicted to become increasingly rare, valuable, and desirable.
  • AI models are now capable of generating text, software code, medical diagnoses, images, voices, music, video, and more, leading to a potential oversupply of machine-generated content.
  • Despite the rise of AI, there is still a demand for human interaction in areas such as education, financial management, and healthcare, particularly among the wealthy.
  • Kevin Hartz, venture capitalist and chairman of Eventbrite's board, suggests that human experiences will continue to be sought after for their 'utility, value and signaling'.
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