Futurist and AI expert David Shapiro recently announced a concentrated focus on "Post-Labor Economics and AI," outlining a comprehensive vision for a future where traditional wage-based employment is no longer the primary driver of economic activity. Shapiro, known for his insights into artificial intelligence's societal impact, has detailed this paradigm shift across his platforms, emphasizing the urgent need to transition from labor-centric income to property-based wealth distribution. This comes as AI and automation are poised to fundamentally reshape global labor markets.
Post-Labor Economics (PLE) posits that as AI and robotics become "better, faster, cheaper, and safer" than human labor, the economic rationale for human employment will diminish significantly. This leads to an "economic decoupling," where productivity and GDP continue to grow, but human labor input decreases. Shapiro highlights a critical "demand paradox": if widespread job displacement occurs without alternative income sources, consumer purchasing power collapses, hindering the very economy that automation aims to boost.
To avert this economic stagnation, Shapiro advocates for a fundamental re-evaluation of how individuals derive income. He argues that with wages diminishing, and a reliance solely on government transfers being insufficient, the only coherent solution lies in property income. His framework, detailed in a "Post-Labor Economics Manifesto," champions decentralization and proposes 16 distinct property-based interventions.
These proposed mechanisms include diverse streams such as Membership Foundation Dividends, Patron-Equity Kickers, Employee Stock-Ownership Plans (ESOPs), and various forms of royalties from carbon, data, and spectrum. Shapiro suggests these can be seamlessly integrated into existing banking systems, allowing individuals to accumulate wealth passively. The core rationale is enlightened self-interest: ensuring broad-based economic agency and aggregate demand is crucial for the continued functioning and prosperity of an AI-driven economy.
Shapiro projects that the full implementation of a post-labor economic system could materialize between 2030 and 2035, with humanoid robots reaching "takeoff velocity" around 2040. He stresses that this transition is not about charity but about preserving economic stability by distributing the benefits of automation. This shift represents an evolution beyond traditional neoliberal models, moving towards a "decentralization primacy" where economic power is widely distributed, fostering resilience and innovation in the age of advanced AI.