The Burst Market: the Next Leap for Humanity
Vincent Yuansang Zha

TL;DR
This paper proposes the Burst Market, an innovative online platform enabling instant, short-duration advice exchanges to improve knowledge sharing, create jobs, and address societal challenges like unemployment and aging populations.
Contribution
It introduces the concept of the Burst Market as a new platform for rapid, brief advice services, addressing technological limitations of current labor markets.
Findings
Potential to create new job opportunities
Can help alleviate poverty and aging societal issues
Offers a novel approach to human-AI economic balance
Abstract
Contemporary society grapples with a critical challenge in knowledge sharing: the scarcity of rapid, yet specific advice from relevant individuals. This situation underscores a deficiency in the existing labor market, hereafter referred to as the Conventional Market (CM), which struggles to support "Burst Jobs" - brief conversational tasks. This paper identifies high transaction costs, owing to technological limitations, as the primary reason for this inefficiency, causing huge job opportunity losses and human intelligence underutilization. In response, this study introduces the concept of an online Burst Market (BM), an innovative platform where individuals can instantaneously offer advice for a fee through video or audio conversations lasting as briefly as a few seconds or minutes. This paper examines the BM's potential to revolutionize job creation, alleviate poverty, address aging…
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Taxonomy
TopicsDigital Economy and Work Transformation · COVID-19 Pandemic Impacts · Innovation and Socioeconomic Development
