Soon, humanity will be liberated from labor.

The three factors of production are capital, land (space), and labor. This is something we learned in high school classes. Over the past few decades, as the software market has developed, land has increasingly shifted to software. As a result, the importance and scarcity of space have diminished to the point where businesses can be run from cafes. Now, AI can replace labor. If that happens, only capital remains in production. However, capital serves to drive the other two resources and cannot produce on its own.

Therefore, a means to drive production becomes necessary, and two possibilities arise. Either a stronger form of capitalism is created, or it becomes media based on democracy. A stronger capitalist solution might transfer the means of production to a few, threatening democracy. Hence, I anticipate that companies might adopt media as the new capital through democratic procedures to produce.

If robots advance to the point where production costs decrease across all industries, people living in developed countries could be guaranteed complete survival simply by being citizens of a nation. Thus, they could maintain a middle-class lifestyle without working.

This future does not eliminate social mobility or accelerate the gap between the rich and the poor. Society will still enjoy freedom based on individual choices, but not everything will be consumed. Human desire is endless, so people will continuously seek scarce values. Therefore, the position of an entrepreneur remains valid. In fact, as production costs decrease, everyone might engage in entrepreneurial activities.

I think the number of people going to companies might decrease. Unlike now, a more complex form of capitalism might emerge, and even if an economic crisis occurs, it might only affect production without directly impacting people’s survival.

Ultimately, people must do what they want. Regardless of what you are good at or like, you must read people’s desires and act accordingly. This is the first essence of business that humanity has learned through commercial activities over thousands of years. I believe this proposition will not fade in the future.