<p>In the near future, the way we interact with people, the way we exchange and perform labor, even the way societies are organized will change in fundamental ways. It appears highly probable that each person will have personalized AI entities, which I refer to as “Ghosts”, that will link them to a global network of other AI systems. These AI systems will perform many services for us. Rather than perceiving them as mere assistants, it may be more fitting to regard them as cognitive extensions of ourselves. Firms and organizations will most likely also have their own Ghosts, enabling more effective collaboration among members. Beyond the social aspects, associative memory networks with recurrent connections might enable AI systems to form a memory. These stand-alone Ghosts might even develop an identity. Furthermore, AI systems leveraging consensus algorithms may be developed, potentially giving rise to decentralized autonomous AIs. Although this future has yet to materialize, we can already envision some of the economic dynamics that will unfold.</p>
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