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by neilwilson 892 days ago
You can't have price rises without scarcity. AI makes things less scarce and easier to produce.

And it is nothing new. Computers used to be a job title.

2 comments

Look up what the business model for in-app purchases is. In short, it's a few rich "whales" that sustain those economies, everyone else is just providing free labor to amuse the "whales".

A digital noble and servant relationship.

You most certainly can. Otherwise there would be no such thing as luxury goods.

All I am suggesting is that given enough concentration of capital, anything can become a luxury good.