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This is something I have been pondering recently. If I compare the cost of a plunger ($23.99 on Amazon) to a median plumber salary ($62,970 per year per BLS), t
by NoDodgeQuestion 2mo ago
This is something I have been pondering recently. If I compare the cost of a plunger ($23.99 on Amazon) to a median plumber salary ($62,970 per year per BLS), the difference is orders of magnitude. This feels like a gap that needs to close. I suspect plungers are too cheap right now but will raise their prices to a point where only big companies will be able to afford subscriptions to use them. I think soon we will seen plungers that are only sold at very high prices.
- blanched 2mo agoJust because you can mad-lib something that makes sense at the surface doesn’t make it insightful. How are plungers comparable to LLMs?
- dwaltrip 2mo agoThey are both products with multiple sellers competing on price. If one seller raises their price, people can switch to the other seller. You can't only look at how much "value" the buyer gets from the product. That's the mistake made by the original comment. You might ask "why don't all of the LLM providers just raise their prices?". That's called price fixing or collusion, and is generally illegal.