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lkeyyesterday at 6:23 PM1 replyview on HN

Also as noted in the prior dupe, the article also misunderstands it's own topic, as explained in (https://en.wikipedia.org/wiki/Jevons_paradox):

In economics, the Jevons paradox occurs when technological advancements make a resource more efficient *to use*; however, as the cost of *using the resource drops*, if demand is highly price elastic [PED], this results in overall demand [for the resource] increasing.

The cost to use tokens is already zero or deeply negative, depending on your accounting. And the author is mistaking the cost of 'creating/extracting the resource' (token generation economics) with cost of 'using the resource' (calling an API). I don't think we'll understand the true cost of, and demand for AI services for quite some time.


Replies

gruezyesterday at 6:36 PM

>The cost to use tokens is already zero or deeply negative, depending on your accounting

???

Sure, there's zero cost tokens in the form free chatgpt, but negative cost implies that you're getting paid to consume tokens, which I'm not aware of?

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