The human economy is not going to disappear completely by 2030, but the autonomous economy is going to eat into it more and more each year. Robotics are going to displace manual labor and faulty decision-making. AI enabled smart contracts are going to replace intelligent labor, such as lawyers, accountants, third party intermediaries, data entry positions, and insurance adjusters. It’s just the beginning too, as an immense amount of developers are likely to start flocking towards developing AI algorithms and smart contracts. The more people that get involved, the more velocity the movement gains.
What will change is how the economy of the Global Village distributes resources. Economic progress during the Industrial Park era was, by nature, a zero sum game. Captains of Industry emerged out of the struggle for wealth by doing whatever it took to capture the available resources in their playing field. They may have risked their personal wealth to provide the capital required to start new ventures but, once their venture took off they encountered few restraints on their power to control the labor and raw materials needed to grow their business. For every winner, there had to a be a loser. Laborers were especially vulnerable because they were expendable. Not until the turn of the Century were they able to form Unions and garner political capital. Even then, politicians at all levels of government tended to follow the money rather than the will of their constituents.
However, AI entities have no need for wealth or power. They simply perform the simple or complex tasks for which they were designed. This unique quality enables them to deploy wealth and resources, just in time, to where they are needed. Waste and inequality become a thing of the past. Yes. This was the ideal of the Socialism that evolved at the turn of the 20th Century. However, the fair and equal distribution of resources was still left in the hands of human beings, who were prone to favor the wealthy and powerful. So the term socialism became synonymous with totalitarian rule and was rejected by Residents of the Global Village. This attitude persisted until Residents began to realize that most, if not all, tasks performed by government officials could be replicated by robots. Not the kind of robots seen in movies or described in Science Fiction novels. These robots were electronic control networks capable of performing millions of transactions precisely and efficiently. They can fly planes, drive cars, control our household appliances and diagnose diseases with the precision of the best pilots, car drivers, and medical practitioners. They can also manage our finances and optimize our daily schedules. Because they are part of a Global Network, their services are not limited by geography nor at the mercy of local politicians. They are autonomous servants, programmed to distribute wealth and resources with equality while enabling their "constituents" to enjoy life, liberty, and pursuit of happiness in the Global Village.
