Here is Tyler Cowan’s take which I think clarifies things in terms of the 3 factors of production (land, labor, capital). Even if the LLMs themselves are not mo

Here is Tyler Cowan’s take which I think clarifies things in terms of the 3 factors of production (land, labor, capital). Even if the LLMs themselves are not monopolized by a few companies, land and capital may still become more expensive relative to labor. https://www.bloomberg.com/opinion/articles/2023-03-28/how-ai-will-make-land-more-valuable https://www.bloomberg.com/opinion/articles/2023-03-28/how-ai... (paywalled)