The Labor Market in the Transition from a Market-Based to a Post-Labor Economy in the Second Quarter of the 21st Century Cover Image

Пазарът на труда при прехода от пазарна към посттрудова икономика във втората четвъртина на XXI век
The Labor Market in the Transition from a Market-Based to a Post-Labor Economy in the Second Quarter of the 21st Century

Author(s): Vladimir Vasilev
Subject(s): Economy, Law, Constitution, Jurisprudence, Human Resources in Economy, Labour and Social Security Law
Published by: Шуменски университет »Епископ Константин Преславски«
Keywords: post‑labor economy; market‑based economy; ChatGPT; artificial intelligence; AI, economic model

Summary/Abstract: The second quarter of the twenty‑first century is likely to witness transformative advances in artificial intelligence and robotics, challenging the established market‑based economic model. Free trade historically preceded currency and writing, and industrialization gave rise to antitrust laws to preserve competition. Although automation has long been feared as a threat to employment, past technological shifts have created new, often safer and more engaging roles. Since ChatGPT’s November 2022 debut, AI has excelled in creative writing, art, video, music, coding, and linguistic analysis, intensifying debate on work’s future. Proponents like David Shapiro propose a post‑labor economy with universal basic income, while experts such as Dario Amodei and Geoffrey Hinton warn of large‑scale job displacement and urge proactive policy measures.

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