Comment by HPsquared
1 day ago
The title is a false dichotomy. It could be a net gain but spread across the whole society if the value added is not concentrated.
This is what happens when users gain value which they themselves capture, and the AI companies only get the nominal $20/month or whatever. In those cases it's a net gain for the economy as a whole if valuable work was done at low cost.
The inverse of the broken window fallacy.
Like all tech we've had recently, that won't last, it's always bait and switch.
It will not remain cheap as soon as the competition is dead, which is simply a case of who's got the biggest VC supplied war chest.
Like with databases? There are none of those freely available now that Oracle won right?