I've been telling people the same thing. The aggregate demand for ALL knowledge work will go up because of LLM not go down. Why? If someone is 2x more productiv

I've been telling people the same thing. The aggregate demand for ALL knowledge work will go up because of LLM not go down. Why? If someone is 2x more productive, then they become 2x more valuable for the same pay. There are all sorts of small companies out there that previously couldn't afford marketing or analysts. But if they become a better investment because of LLM, then suddenly companies will demand more of them. The issue I have with the article is that it doesn't explain why Jevon's paradox works. Fundamentally it's because demand/supply curves are non-linear! Where a 10% drop in price (because of efficiency gains for example) creates a 50% increase in demand.