
Autenticamente
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Дата на основаване юли 25, 1992
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Сектори Право, Юридически услуги
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Публикувани работни места 0
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Разгледано 6
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Tech Tycoons have Got the Economics of AI Wrong
Even as economic development was simply removing, some economic experts were already pessimistic. Coal, composed William Stanley Jevons in 1865, is „the mainspring of modern material civilisation“. Yet it was finite and would quickly run out. Although more might be discovered by digging deeper, it would be significantly expensive to extract and these higher expenses would reduce the competitiveness of Britain’s producers. After all, in other countries the black fuel was still in sight of daylight. Efficiency gains-using less coal to produce the same quantity of stuff-would not conserve the country. Indeed, cleverer usage of minimal resources would merely provide an incentive to burn even more coal, which would, paradoxically, lead to an even quicker usage of British reserves. There was no escape, the Victorian economist believed. Coal would be exhausted and the nation was most likely to „contract to her previous littleness“.
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This article appeared in the Finance & economics section of the print edition under the headline „Rocked by DeepSeek“
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Tech tycoons have got the economics of AI wrong
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