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Re:Strategic Wealth Accumulation Under Transformative AI Exp... by petesergeant on Saturday February 22, 2025 @02:09AM (#43136822)
Yes, that is obvious. The point you are replying to is that oversupply will mean the cost to the consumer will fall dramatically too, rather than the AI owner capturing all of the previous value.
Re:Strategic Wealth Accumulation Under Transformative AI Exp... by riku_iki on Saturday February 22, 2025 @02:34AM (#43136964)
It depends. If there will be one/few winners on the market, they will dictate price after human labor out-competed through the price or quality.
Re:Strategic Wealth Accumulation Under Transformative AI Exp... by jezzabeel on Saturday February 22, 2025 @03:53AM (#43137362)
If prices are determined by scarcity then the cost of services will more likely be tied to the price for energy.