alt Hacker News> it’s costs are only likely to decrease over time
What is this based on? We're well past a 50-ish year deflationary period in the cost of major appliances (refrigerators, washing machines, etc). We're pretty clearly at or near the end of the deflationary era for computers and computation. Automotive... speaks for itself. We're still there for televisions, surprisingly; but it looks like these technologies tend to have a handful of decades of rapid cost decrease, followed by a never-ending cost increase over time as the manufacturers consolidate and claim an ever-increasing margin.
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Those are all tech that almost everyone owns. Makes sense that mass production would reduce costs and then the cost reductions would go towards zero. For new technology that hasn't been mass produced, it's a completely different story.
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The computer of 10 years ago is still a lot cheaper than a modern model. Deflation stops basically only if hardware advancement stops.
EVs are a great example: they keep getting cheaper for what they provide, even if the price stays the same. 200 miles of range 5 years ago is now 400+ miles of range today. Compared to ICEs, where advancement has stalled for the last 20 years, which seem like a worse deal every year.