Singularity – a Framework of Corporate Business in Year 2050

Future studies are seen as a prerequisite for the development of sustainable and prosperous society. Many  countries,  institutions  and  corporations  invest  substantially  amount  of  resources  into  research  of  the  future. One of possible and expected future scenarios is the rise of artificial intelligence. It is expected that between years  2030  and  2045  artificial  intelligence  will  substantially  surpass  human  intelligence.  Robocup  Federation,  an international organization that promotes research and development in robotics, believes that around year 2050 autonomous robots will win a soccer game against the current soccer World Cup winners. In that manner, autonomous  robots  have  the  opportunity  to  take  over  most,  if  not  all,  repetitive  and  routine  human  activities.  In addition to that, humans will be enhanced aided by artificial intelligence, creating consumers with instant, perfect  information  about  the  products  and  services  offered  on  the  market.  On  the  other  hands,  labor  market  will be threatened by the emergence of (close to) humanoid autonomous robots that will potentially make much human labor force obsolete. What are the repercussions of artificial intelligence development in year 2050 for the corporate business? This paper tries to answer that question in the light of current technological trends and the future prospects. As a consequence, the term „corporation“ is redefined in the technological, social and economic  context  of  the  year  2050.