The Pareto principle (80/20) rule states that 20% of the input is responsible for 80% of the outcome.
This ratio is present in life & the universe. It’s found throughout business, economics and natural systems.
Examples can be found in forest ecosystems, supply chains, genetic evolution, brain neural activity, astrophysics, seismic activity & biodiversity.
Using this principle, one can deduce that 80% of time & effort contributes to 20% of the outcome.
With time and effort scarce one would like to delegate to technology and automate the clerical & mechanical process of searching, calculating, plotting & transforming data so one can focus more effort towards activities that require intellectual capability.
AI & #Bitcoin might not change the 80/20 Pareto principle, but it will definitely improve the efficiency & productivity of that 80% effort and drastically improve the quality of that 20% output.