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Comment by jrflo

This may just be a classic case of Jevons paradox: https://en.wikipedia.org/wiki/Jevons_paradox

In short, better hardware will drive down token cost in the near-term, but will drive up the demand for tokens as it gets cheap enough for other sectors to start to use it heavily.

It comes from steam engines where economists originally thought that coal demand would plummet with more efficient engines, but it actually just meant that we found more uses for steam engines.

parent jrflo 2 months ago

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