KimmiG1 t1_ittnt26 wrote
Reply to comment by Artanthos in With all the AI breakthroughs and IT advancements the past year, how do people react these days when you try to discuss the nearing automation and AGI revolution? by AdditionalPizza
Higher productivity also makes it cheaper which often has increased demand. I can easely see more people, even for private use, will hire designers as long as its cheap enough.
So until the whole process gets fully automated your job is likely safe, as long as you learn the new ai tools.
AdditionalPizza OP t1_itu7c8a wrote
There's a pretty quick diminishing return on lower prices increasing demand. Razor thin margins with high volume usually leads to price increases until you maintain the perfect balance for profit.
There's just not an unlimited output that companies can produce and still be successful, especially with thin margins.
Capitalism chases quarterly profits, you lay people off to balance output to sales.
Artanthos t1_itv988b wrote
Any commodity can be produced at higher volumes.
But production at higher volumes will decrease the price until production is no longer profitable.
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