alt Hacker News> I doubt that the LLM drivers deliver something better…
That is your definition of “better”. If we’re going to trade our expertise for coin, we must ask ourselves if the cost of “better” is worth it to the buyer. Can they see the difference? Do they care?
Replies
aleph_minus_one • yesterday at 4:23 PM
> if the cost of “better” is worth it to the buyer. Can they see the difference? Do they care?
This is exactly the phenomenon of markets for "lemons":
> https://en.wikipedia.org/wiki/The_Market_for_Lemons
(for the HN readers: a related concept is "information asymmetry in markets").
George Akerlof (the author of this paper), Michael Spence and Joseph Stiglitz got a Nobel Memorial Prize in Economic Sciences in 2001 for their analyses of markets with asymmetric information.
HN: "Why should we craft our software well? Our employers don't care or reward us for it."
Also HN: "Why does all commercial software seem to suck more and more as time goes on?"