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The economics of AI investment don't make sense without the promise of vast displacement of labor. There's a ceiling on how much value can be created for a comp
by add-sub-mul-div 2mo ago
The economics of AI investment don't make sense without the promise of vast displacement of labor. There's a ceiling on how much value can be created for a company simply by them using AI to crank out a higher throughput of TPS reports.
- sublinear 2mo agoYes, the value of TPS reports diminishes with throughput. That's why Jevon's Paradox is the dumbest meme we've had this year. The parent concept of marginal utility describes why AI isn't that useful.
- apercu 2mo agoI've been saying "The economics of AI investment don't make sense" for 2 years but this audience in particular doesn't (on the whole) agree.