Efficiency Gains

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Evans: AI efficiency gains will likely be competed away across industries
“There's a classic economics formulation that, you know, efficiency gains tend to be competed away. So everybody, if you and all your competitors deploy this, is the end result just that you'll have roughly the same margins, roughly the same business.”
Benedict Evans Jan 29, 2024 ▶ 25:31 What's your AI strategy?

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