The two are effectively the same. If you produce a more valuable good with the same or fewer inputs, thats deflationary in real terms. There will always be con

The two are effectively the same. If you produce a more valuable good with the same or fewer inputs, thats deflationary in real terms. There will always be content across the quality spectrum. Look at the hundreds of videos of Presidents playing video games or harry potter by balenciaga on youtube. These would never exist at this scale without generative AI due to level of effort required to create them versus ability to monetize the result. Suddenly many types of content are able to be created in a rapid and cost efficient way that weren’t previously possible. Greater supply of content versus roughly neutral demand leads to lower prices (on average)