Where will the world be in 2035? - Illia Polosukhin, Mike Hearn, Emad Mostaque | Fabric Summit 2025

The Future of Management and Business

• 🤖 Mike Hearn anticipates the automation of management, where AI takes over responsibilities like expense approvals, making processes less intimidating for employees.
• 💡 Illia Polosukhin envisions AI CEOs replacing human managers, especially middle management, due to AI's ability to perfectly manage infinite people and provide context.
• 🏢 The first examples of AI-run operations are expected in traditional businesses like gas stations, handling financial, legal, and people management tasks.

Economic Impact of AI Automation

• 🚀 Emad Mostaque predicts a future with trillions of AI agents and billions of robots, fundamentally shifting the economic system.
• 💼 AI agents are expected to outcompete humans in "KVM jobs" (keyboard, video, mouse) due to their efficiency, persuasiveness, and lack of mistakes, leading to massive disruption in knowledge work.
• 📉 Industries like customer service are already seeing hyper-automation, with AI capable of performing tasks better and at lower cost than humans.
• 📈 Mike Hearn counters that automation will lead to a massive increase in self-employment, as easier management tasks enable more people to start and run their own ventures.

Centralization vs. Decentralization of AI

• ⚠️ A key debate revolves around whether AI will lead to consolidation around apex AI models in industries or foster a more decentralized landscape.
• 🌐 Illia highlights the risk to national sovereignty if centralized AI companies gain too much control, making countries dependent on a single entity.
• 🔑 Decentralized, community- and user-owned AI models and agents, potentially leveraging Web3 and blockchain, are proposed as a solution to ensure equitable access and control.

The Next Evolution of AI

• 🧠 Illia predicts the next major AI step change will be an AI research agent that can feed, improve, and evolve itself without human input.
• 🔬 This self-evolving AI could generate hypotheses, test them, and develop new businesses, effectively replacing human intelligence in research and development.
• 🛠️ Specialized, smaller AI models, like a tax accountant AI, will be able to perform specific tasks efficiently without needing broad general knowledge.

What Will Disappear by 2035

• 📧 Mike Hearn optimistically suggests spam could go away.
• 📱 Illia Polosukhin believes traditional applications will disappear, replaced by AI-driven devices that dynamically generate experiences and software on the fly.
• 🏛️ Emad Mostaque hopes for the end of bureaucracy, "sick care" healthcare, and "dumb" governments, with efficient AI systems improving public services.