Jeff Booth on Nostr: Because prices fall to the marginal cost of production in a free market, AI will ...
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 network effects driven company owned monopoly (like Amazon) and any “moat” will be short lived.
The misallocation of capital from a fiat based system that misunderstands this is staggering.
Published at
2026-04-26 11:20:51 UTCEvent JSON
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"content": "Because prices fall to the marginal cost of production in a free market, AI will trend towards abundant and free. \n\nIt is a horizontal and general purpose technology…..like electricity rather than a network effects driven company owned monopoly (like Amazon) and any “moat” will be short lived. \n\nThe misallocation of capital from a fiat based system that misunderstands this is staggering.",
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