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Will the future economy be a knowledge economy or a human economy?

Posted to Gurteen Knowledge-Log by David Gurteen on 27 February 2018



Will the future economy be a knowledge economy or a human economy?
WeblogGurteen Knowledge Log
Knowledge LetterAppears in the Gurteen Knowledge Letter issue: 212
Posted DateTuesday 27 February 2018 15:51 GMT
Posted ByDavid Gurteen

There is opinion that the Knowledge Economy does not exist or is a myth. Or that maybe it should be termed the Information or Digital Economy.

People are also increasingly talking about the Human Economy or the Caring Economy.

I personally think in terms of the Human Economy - as it is broader than just caring. The concept is a simple one.

As technology develops, especially AI, there are going to be less and less traditional jobs. The machines are going to take them. We can see the impact already.

The jobs that will be left will be the "human ones" - the jobs ONLY human beings can do - the "caring jobs"- the jobs that require human warmth, touch and empathy, nursing, healthcare, education etc and of course other work that only humans can do such as entertainment, the arts and sport.

These will be the only jobs available to the vast majority of "young people" with or without skills or a University degree.

There will still be a Knowledge Economy but it will be for the few - the people who program and tend the computing machines and digital infrastructure.

Jack Ma has some interesting views on education.

Will the future economy be Knowledge based or Human based and what are the questions we should be asking?

If you are interested in Knowledge Management, the Knowledge Café or the role of conversation in organizational life then you my be interested in this online book I am writing on Conversational Leadership
David Gurteen

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