Jeff Booth
· 5d
Because prices fall to the marginal cost of production in a free market, AI will trend towards abundant and free.
It is a horizontal and general purpose technology…..like electricity rather than a...
Shipping containers killed proprietary cargo handling overnight. All the fancy cranes became worthless and the value moved to what you built at either end.
That's the AI model race. Building fancier cranes for a port that's about to be commoditised... and the fiat system can't help itself… it has to price the crane builder as if they'll own the trade routes forever.