We are generally evaluating the value of AI’s impact on the economy the wrong way. It’s like the internet being invente…
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We are generally evaluating the value of AI’s impact on the economy the wrong way. It’s like the internet being invented and people focusing on “how is this going to reduce the cost of my grocery store?” Did the existence of the internet reduce costs across grocery store operations? Yes. Is that where the CORE VALUE of the internet showed up? No. The core value of internet showed up in search engines, streaming media, social networks, online payments, instant messaging, and so many other…