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Comment by janalsncm

2 hours ago

It’s surprising (not using the term paradox) in situations where demand was seen as inelastic.

An example of probably inelastic demand is the cost of diamonds which has fallen as synthetic diamonds enter the market. But people typically don’t buy more engagement rings than before.

With code it could be different. People might think that the amount of code that needs to be written is fixed, so the ability for a person to write code implies a reduced demand for people who write it.

In reality, bringing the cost down may unlock new use cases, so the number of actual coders might increase.