MANAGEMENT IN THE YEAR 2050
Vatroslav Zovko
0000-0003-3839-0799 Received: 18th April 2018. ABSTRACT KEY WORDS CLASSIFICATION
University of Zagreb - Faculty of Teacher Education
Zagreb, Croatia
INDECS 16(3-B), 417-426, 2018
DOI 10.7906/indecs.16.3.14
Full text available here.
Accepted: 27th July 2018.
Review
Future studies are seen as a prerequisite for the development of a sustainable and
prosperous society. Many countries, institutions and corporations invest substantially in the
research of the future.
One of the possible and expected future scenarios is the rise of artificial intelligence. It is
expected that between the years 2030 and 2045 artificial intelligence will significantly surpass
human intelligence. The Robocup Federation, an international organization that promotes research and
development in robotics, believes that around the year 2050 autonomous robots will win a soccer game
against the current soccer World Cup winners. In that manner, autonomous robots will have the
opportunity to take over most, if not all, repetitive jobs and routine human activities. In addition
to that, humans will be aided by artificial intelligence, creating consumers with instant, perfect
information about all the products and services offered on the market. On the other hand, the labour
market will be threatened by the emergence of (close to) humanoid autonomous robots that will
potentially make human labour force obsolete.
What are the repercussions of the artificial intelligence development for the corporate business in
the year 2050? This article tries to answer that question in the light of current technological trends
and the future prospects based on scenario study developed by Deutsche Post. As a consequence, the
term corporation is redefined in the technological, social and economic context of the year 2050.
corporate business, singularity, artificial intelligence, future studies, business functions, prosumers
JEL: M15, O33