alt Hacker NewsIf we assume people are somewhat rational (big ask I know), and the Efficient-market hypothesis, then we can estimate the value created by AI to be roughly equal to the revenue of these AI companies. That is: A professional who pays 20€/month likely believes that the AI product provides them with roughly 20€ each month in productivity gains, or else they wouldn't be paying, and similarly they would pay more for a bigger subscription if they thought there was more low hanging fruit available to grab.
Of course this doesn't take into account people who just pay to play around and learn, non professional use cases, or a few other things, but it's a rough ballpark estimate.
Assuming the above, current AI models would only increase the productivity for most workplaces by a relatively small amount, around 10-200 € per employee per month perhaps. Almost indistinguishable compared to salaries and other business expenses.
> A professional who pays 20€/month likely believes that the AI product provides them with roughly 20€ each month in productivity gains, or else [...] they would pay more for a bigger subscription
Unless I'm misunderstanding, shouldn't someone rational want to pay where (value - cost) is highest, opposed to increasing cost to the point where it equals value (which has diminishing returns)?
A $40 subscription creating $1000 worth of value would be preferred over a $200 subscription creating $1100 of value, for instance, and both preferred over a $1200 subscription creating $1200 of value.