Technology drives deflation because productivity growth reduces marginal costs to zero, making goods and services increasingly abundant and accessible; this effect will accelerate with AI, where the marginal cost of producing code that creates other code is zero, leading to continuous improvement and free access to better models.
Installieren Sie unsere Erweiterung an, um sofort in jedem Video zu suchen
Jeff Booth: Why Technology Is Deflationary, Especially in the Age of AIHinzugefügt:
So the natural state of a free market is deflation. The natural state of the free market is productivity growth which causes prices to fall. Massive competition from the free market drives prices to the marginal cost of production. Then you'd have to ask what's the marginal cost of production of a line of code? It's zero. And the follow on question where we're going with AI is what's the marginal cost of production of a line of code creating other lines of code?
Zero. So AI will be free everywhere and every day you're seeing better and better models like every day better and better models.
Ähnliche Videos
JPMorgan CEO JUST NUKED Mamdani... as NYC's Middle Class COLLAPSES
Englishman-In-NewYork
7K views•2026-05-30
Why Canadians can no longer afford to survive #canada #inflation #shorts
TrueNorthInvestor-v4j
131 views•2026-06-01
The Hidden Difference Between Breakouts & Real Moves #trading #orderflow
SmartMoneyFutures
272 views•2026-06-02
China Is Quietly Buying Gold, the Iran Deal Is Frozen, and Silver Is Heating Up
RichardHolloway0
694 views•2026-05-31
India's Industrialization & China's Reforms
HR-News-Channel
152 views•2026-06-01
Gachagua issues TOUGH DEMANDS to Ruto gvt before reading Ksh.4.8T 2026/7 Budget & Finance Bill 2026
_kenyanewsline
300 views•2026-06-05
Poilievre Blamed Carney for Canada's Recession But the Data Disagrees
Snap-Psychology
596 views•2026-06-01
Uranium Isn’t Priced Like Other Metals
vricmedia
929 views•2026-06-02
