Understanding AI | Snippet Finance

Economics says change happens in the adjustment of prices and relative prices.
“Thanks to GPT, every programmer has the potential to be 10x more productive than the baseline from just 2 years ago.”
This means:
(1) The data-software combined price is collapsing opening enormous “volume growth”.
(2) Within it the relative value of software vs. data, especially unique data sets, is changing in the benefit of the latter (Media companies?).
(3) New scarcity is arising – likely in hardware and energy.
Full article here.