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Watch the full length video here: • AI Job Apocalypse (Part 4): Wealth In...
The allure of "free" AI services has captured the imagination of many, but is this seemingly generous offer too good to be true? A deeper dive into the economics of AI reveals a more complex and potentially unsettling reality. While AI promises to revolutionize various aspects of our lives, the technology comes with substantial costs that are often obscured from the end-user.
Nearly every facet of computing, from data storage and processing to the energy required to run massive AI models, is expensive. To cover these costs and maintain their vast infrastructures, AI service providers must carefully ration access and manage usage. This often results in limitations on the extent of free AI services, with premium features and increased usage often requiring payment.
However, the issue goes beyond mere cost recovery. As energy becomes more abundant and affordable, some AI providers may be tempted to maintain high prices through artificial scarcity. This ethically questionable practice involves deliberately limiting the availability of a product or service to artificially inflate its value and maximize profits. This tactic is already prevalent in industries like oil and gas, where cartels like OPEC manipulate production to control prices.
The implications of artificial scarcity in the AI domain are far-reaching. Could AI, a technology with the potential to democratize access to information and services, inadvertently exacerbate existing wealth disparities? If AI becomes a commodity subject to price manipulation, those with limited resources may be priced out of accessing its full potential,further widening the gap between the haves and have-nots.
This video invites you to explore the hidden costs and controversial tactics behind AI access. By understanding the economic realities and potential for manipulation, we can make more informed decisions about our engagement with AI and advocate for a more equitable and transparent AI landscape.
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Disclaimer:
This video is intended for entertainment purposes only. We do not guarantee the accuracy, or completeness of the information published. We are not responsible for any losses or damages that may arise. Nothing should be interpreted as investment or financial advice.
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