this post was submitted on 23 Sep 2023
3 points (71.4% liked)

Futurology

2150 readers
98 users here now

founded 2 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
3
VC firm a16z, says as the microchip brought the marginal cost of compute to zero, and the Internet did the same for distribution, generative AI promises to bring the marginal cost of creation to zero. (a16z.com)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
2 comments fedilink hide all child comments
top 2 comments
sorted by: hot top controversial new old
[โ€“] [email protected] 2 points 1 year ago

Now do manufacturing

[โ€“] [email protected] 1 points 1 year ago

This is a statement of the optimistic and rosy outlook for AI and jobs. Their argument is based on Jevons paradox, an observation in economics that as the marginal cost goes down then demand goes up. I wonder how this will hold up when we have some version of AGI that can do all work (even physical work via robots). If no one can compete with this AGI for wages - who pays for all the demand?