Скачать или смотреть What the Heck is Jevons Paradox?! 🤯

Have you ever heard of Jevon's Paradox?? Probably not, but this may become one of the most important concepts to know about modern artificial intelligence, and how demand works when it becomes more accessible.

It all started with a steam engine a looooong time ago in 18th century England. This lad, James Watt, found a more efficient way to manufacture steam engines. This improved efficiency should mean that less resources will be used in steam engines, right??

WRONG. Since it became easier to manufacture, more and more industries that were previously unable to use it suddenly had access, creating a BOOM in demand! This is what many predict to happen in the AI industry in the future, so if you want to sound really smart, learn the story and meaning behind the incredibly interesting, Jevon's Paradox.


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