Submitted by AdditionalPizza t3_y6n403 in singularity
DukkyDrake t1_istxsyf wrote
Reply to comment by AdditionalPizza in Will OpenAI's improved Codex put programmers on the chopping block? by AdditionalPizza
Physical products will never scale as fast as digital ones.
What happens to prices when there is an oversupply. The capital that creates production capacity isn't doing it because their owners are humanitarians, they expect a profit. It takes controlled production and supply to maintain markets. If prices collapse, production will follow, even if that production costs very little. Unless every individual has their own pet AGI, I expect the same forces and dynamics to be in play in society.
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