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Correct me, but if two people create a SAAS that can replace a 50 people SAAS, compete on price and the competitor is forced out of the market, wouldn’t this sh
by FrojoS 8mo ago
Correct me, but if two people create a SAAS that can replace a 50 people SAAS, compete on price and the competitor is forced out of the market, wouldn’t this show up as an reduction in GDP? Efficiency (GDP/time_worked) should be up though, and AFAIK it isn’t.
- ahtihn 8mo ago2 people are now producing what took 50 people previously. What are the 48 other people doing now? Presumably some other economic activity.
- HWR_14 8mo agoYes, when prices of goods and services go down so will GDP. I've not seen evidence of the prices of SaaS going down in the past few years.