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> Shouldn’t the customers‘ revenue also rise if AI fulfills its productivity promises Not necessarily, see the Jevons paradox.
by sofixa 1y ago
> Shouldn’t the customers‘ revenue also rise if AI fulfills its productivity promises
Not necessarily, see the Jevons paradox.
- metalliqaz 1y agoApplying the Jevons paradox to this scenario should still result in revenues going up, assuming the employee labor being optimized adds value to the company. (they would add more)
- croes 1y agoJevron is about higher resource consumption and costs but the output and therefore the revenue should rise too. Maybe not the profit but at least the revenue.