The cost of 'quality' is going up and people don't fully realize that they can't afford it anymore because it is being hidden from them.
Put another way: Anything that has benefited from Moore's law or the drop in energy prices (which itself benefits from moore's law)has been deflationary while anything that requires humans in the loop has become inflationary.
Music/Movies: In the future, the common person will have endless amount of AI slop to meet whatever they feel like watching. Sounds like abundance right? Well the rich will have real human actors/singers do performances at their behest and only they can afford it.
Books: This is already happening: AI will provide the answer to any question but people will not have the mental fortitude to derive the solution by learning the first principles manually. Its much easier for AI to provide you the direct answer instead of a breakdown of how it got to the answer and why. That requires enormous mental concentration(ie. learning). As a result they will further be enslaved by the AI and the few wealthy people will have access to humans that can truly teach them anything they want. An AI teacher for all is not the same as a human teacher.
Put another way: Anything that has benefited from Moore's law or the drop in energy prices (which itself benefits from moore's law)has been deflationary while anything that requires humans in the loop has become inflationary.
[1]:https://www.visualcapitalist.com/wp-content/uploads/2023/02/...
Music/Movies: In the future, the common person will have endless amount of AI slop to meet whatever they feel like watching. Sounds like abundance right? Well the rich will have real human actors/singers do performances at their behest and only they can afford it.
Books: This is already happening: AI will provide the answer to any question but people will not have the mental fortitude to derive the solution by learning the first principles manually. Its much easier for AI to provide you the direct answer instead of a breakdown of how it got to the answer and why. That requires enormous mental concentration(ie. learning). As a result they will further be enslaved by the AI and the few wealthy people will have access to humans that can truly teach them anything they want. An AI teacher for all is not the same as a human teacher.