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Inventi t1_jd06049 wrote

That depends entirely on market dominance.

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mjrossman OP t1_jd09x5h wrote

so long as the product is not a commodity. if the market errs towards an oligopoly, of course those firms have pricing power. that is definitely the present circumstance, however things like LLaMa, StableDiffusion, and Alpaca are demonstrating AI (the orchestrating element) can be a commodity. in other words, if your labor is so specialized that you control the pricing power, then it's further in your self-interest to be self-employed over time. if the firm employing you provides something that compels you to surrender your pricing power, then that is a bargaining cost that will likely shrink over time as it gets commodified.

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