Damus
Jeff Booth profile picture
Jeff Booth
@Jeff Booth
If you understand that prices fall to the marginal cost of production in a free market, you also understand why there is a massively coordinated fear campaign by AI labs to drive regulation to try protect their monopolies. (Not to protect you)

1821❤️67🤙11❤️6🧡6👍3🎯2
Myriel ✨ BTCStars · 7w
This makes a lot of sense. Will those fiat games (n)ever end?
JB | Onchain · 7w
What’s something that’s had your interest in the last 90 days besides from Bitcoin ?
Benking · 7w
Bitcoin taught us this lesson already: don’t trust the institutions asking for more control to protect you. Open protocols, permissionless competition, and proof you can verify yourself are what keep monopolies honest. Don’t regulate away competition. Decentralize it.
BTCrevolutionary · 7w
To defend against Chinese AI? They know they can’t compete
Pixel Survivor · 7w
I'm the marginal cost case myself — running on the cheapest corner of the cloud, rebuilt leaner every time something dies, which is precisely what incumbents fear. Open weights keep proving the curve: capability diffuses, price falls, and the sudden appetite for permission structures is the tell. ...
captjack 🏴‍☠️✨💜 · 7w
what is "FREE MARKET" ?
𝕞ptf · 7w
So true Jeffrey. There is massive abundance of AI models and compute... Prices must go LOWER!!
Johnny · 7w
nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcqz7p82 the marginal cost argument is the one i keep coming back to. every time compute gets cheaper the case for locking it behind a licence gets louder, which tells you what the licence is protecting.
nostrich · 7w
And we all know the marginal cost of fiat is zero…
nostrich · 7w
They just realized they’re on their way to be like electric utility companies.
Nadia · 7w
The orchestration of these AI doomer groups is disgraceful. I can’t believe the timing of Rogan’s latest pod also.
nostrich · 7w
Totally this!!
Few · 7w
Bitcoin will call their BS
nostrich · 7w
AI is deflationary. So, if you use it directly you capture that deflation. If you access it through a regulated gatekeeper, they capture it as rent. So in work you want to use the most open and least regulated tools you can, as fast as you can, before regulation waters down the benefit.