So far prices have generally gone up, which indicates the pie available is scarcer.
I am looking forward to the day where more electricity, electronics, food, and housing are produced thanks to AI; but in the mid-term it feels like an AI bubble pop would do more to bring the price back down.
Qualitatively, I now have access to ChatGPT.
How much do you think you would have paid for such a tool in 2010? and we are getting it almost for free.
While ChatGPT is a partial substitution for a college education, it doesn't satisfy the other needs I listed. I do think in the long term we'll get there, but the current situation matters.
For how much longer?
its only going to get cheaper.