Leandro Maya

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Leandro Maya

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Subject: The Zero Marginal Cost of Intelligence

The Abundance Brief · Issue #47

The Zero Marginal Cost of Intelligence

The most important economic fact of our generation is one that barely makes headlines: the marginal cost of intelligence is approaching zero.

When I joined Apple in the early days of Siri, the compute cost per query was enormous. Today, that same capability costs fractions of a cent and is available to anyone with a smartphone.

“This is not a story about technology. It is a story about economics.”

In economics, when the marginal cost of a good approaches zero, markets transform. The same transformation is now happening to cognitive work...

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